Member Info for HawaiifiveO

Quite a surprising RNS, not quite what I was expecting on a corporate front, can understand the logic fully, gaining more % wise is a prudent move, in respect of the Mining Licence one suspects this was discussed with Ministers, hopefully more on that shortly.

What is needed to move the dial is another licence JV or even something material concerning Senala, do not forget the legacy asset Muratdere, this must be getting closer to the point where their NSR can be sold, this copper/gold project (in Turkey) must have increased in value significantly, the delays have been more than lengthy, the NSR could be sold for £1.5m/£2m IMO.

There has to be some news in the pipeline soon enough, the CEO has stated he is having a number of high profile meetings, my bet is some form of corporate development is not far away.

The share price was 4p around this time last year, the current price is a travesty given the significant progress made, what other AIM company valued at only £3m has a Mining Licence application in process which may be awarded within a few months, if it comes the share price will fly higher.

Looks like the shrewd are starting to take positions ahead of news, it is always very hard to secure a meaningful tranche of stock in GROC due to the tiny float.

Interesting times ahead.

I find it incredible that Elephant Oil has dropped it's plans to IPO having spent the last 2 years trying to progress an IPO on NASDAQ, they have had this change of plan without, it appears, even informing their shareholders, having had some communication with them on X their new plans are secretive and not not to be made public ?

What is clear is they have had some pretty high level meetings with Gov ministers in various jurisdictions so what the heck is going on? More importantly how do shareholders (RRR is one of largest ones) extract value from their holdings ?

As ever Helpful claims to know all, but I am, quite frankly, not a believer in his commentaries as I have noticed via his X posts he is not as well informed as he makes out.

So the question is are RRR sitting on a potential windfall with their EO stake or not, lets say if EO were to make a major discovery (or there was one near to their licences) then they could be worth $50m+ (or much more) of which RRR own circa 5%.

This investment is sitting on RRR books at just £140k.

IG not accepting buy orders currently - is this about to go on another run up in price now the funding is out of the way, it hit .20p on Friday remember.

Theeeeduke

How do you know 'They still struggling to get the placing away'

You are posting that as a matter of fact with no IMO etc, are you posting inside information, if so you know what that could mean, be careful.

Yes the value destruction under Bell has been hideous (that is trying to be polite) however one aspect that has been ignored (conveniently by the bears) is that most juniors are down 80%, 90% or have died in the last 3 years, history suggests the survivors can deliver magnificent returns when the market goes into a sector bull phase.

DYOR etc.

I am not emotionally attached to VAST nor have I lost money however it is worth pointing out this is an excellent trading share for the experienced market participant, especially currently (as they cannot raise in a hurry below .10p) anyone buying around this level can regularly flip for 20% to even up-to 80% profit.

Whilst all VAST news has to be taken with a pinch of salt it does appear that a number of potential value enhancing RNS's are in the pipeline, let alone the 'speculation' of such news on social media which always seems to bring buyers back.

Therefore anyone buying the around current levels can usually expect a return whilst the above scenario is in play.

DYOR etc.

Decent update this morning, seems to suggest the mineralisation is extensive a relatively near surface, all the credentials for low cost alluvial mining.

My current interest concerns the meetings with Government in Cameroon and in London, these meetings seem high profile and extensive, firmly believe some form of co-operation agreement may be taking shape, that would be a game changer for the company, these type of arrangements usually bring some form of Gov funding.

The company remains significantly undervalued, as such the share price will continue (IMO) to appreciate higher, prospective buyers need to get in whilst it is quiet, when volume kicks in they instantly close off on-line trading and mark up accordingly.

Interesting times.

Well at least we know the last two RNS's have been Nomad approved so that is a clear positive, who knows what will happen at the meetings but clearly recent news has to be deemed more than beneficial, there does look like a real chance that RRR could receive a settlement which could be IRO £10m.

If the process completes they are then able to pursue the major company for money which could be $100m+, that is another matter but one event leads to another.

As I have said, on AIM anything can happen, these tiddlers can multiply in value beyond punters wildest dreams, it normally happens from a very low base, RRR is currently valued at only circa £2m.

As always big IF's but you never know.

The underlying strength in the share price is plain to see, convinced the price will shortly break though into the .40p's as a result of persistent buying, it appears any sells are quickly absorbed.

My view is we could be very close to a corporate deal let alone operational updates, all these meetings with Government Ministers are for a reason.

The stock is relatively illiquid so it does not take much volume to move the price, the fear of missing out syndrome will also take effect meaning if there is a decent % move many new traders will target that and buy, the move to .57p was fast and furious, that is worth remembering.

It does look like some form of settlement concerning the Historic Parcel is imminent, you only have to put the pieces together in respect of the 'supportive lenders' who AP has suggested are 'inside' and they have been content to support the company continually.

With 1.8b shares in issue the current m/cap is barely £4m, there is significant upside here, the Parcel's value range appears to be between £10m and £20m so you can understand why the market is re-rating VAST.

Add to the mix their other projects which seem to be delivering increasing value returns.

The shares look cheap, however DYOR etc.

It looks like the shorts are about to get burnt, the Nomad would not allow the release of this RNS unless there were strong grounds of recovery of the Historic Parcel as it is a extremely price sensitive matter.

DYOR etc.

Something new in the RNS I have not seen before concerning the 12 month warrants priced at 9.5p.

It appears that takers of the shares issued today must prove they still hold them at the time if they want to exercise the warrants or their conversion rights reduce by 50%, namely instead of 1 for 1 they would only get 1 warrant for every 2 shares held, clearly the incentive is to hold the shares and not sell them.

In all an awful dilution event for shareholders done right at the bottom of the market, surely Conroy has contacts that could have injected cash into the business via a CLN or some other form of loan. On the other hand it gives Conroy and his sidekicks the chance to get stock at basement levels at the expense of current shareholders.

Momentum is building ...

More meetings with Cameroon Ministers

https://x.com/OrioleResources/status/1843676164465770865

Post from the other BB

It seems to me there is a persistent buyer around current levels, more than enough to take out any selling from Lanstead (they average just 2m a day remember)

The recent broker note made comparisons of peer company value, what was clear from that note is Oriole is materially undervalued by multiples.

The good news is the company has plenty of cash to at least August 2025 so there are no worries on dilution.

A significant amount of news is due both operationally and even corporate, maybe a new JV + expect news on their Senegal (now non core) project, this alone could be worth over half the £10m m/cap.

I think ORR shares are poised for a major move in price, could they close the year above .50p, yes IMO.

I wonder if certain entities were betting on a placing and have naked forward sold, if so and VAST do not place there could easily be a bear squeeze, as followers of this outfit know the share price is prone to spike higher on modest volume.

Time will tell.

King has 2m shares and recently appointed Marsden has 1m.

Has anyone seen this broker coverage before, now over a year old but has a target price of 37p, seems to have been produced early last year .

Posted at the other place, it seems the shares were trading around 5p at the time.

https://x.com/Oilplayer2009/status/1833404300480991735

Buyers returning here, it looks very oversold, current market value only £1.6m, seems incredible actually.

The illiquid nature of the shares works both ways, hard to believe it was trading at 2.9p just last week.

Folks now complaining on the other board you cannot buy, the suggestion is the market has closed down online buying, this appears to be a trait of market makers these days, they are delighted to take the prices down (in GROC's case from 4.8p last year) but as soon as a bit of buyside volume kicks in they resort to dirty tactics.

It does make you wonder if they are shorting these micro caps, best bet is to place limit orders, they also have to deal a certain size at advertised offer, in GROC's case that is 50,000 shares.

Let the re-rate begin !!

Buyers coming in for the shares now, many forget this was trading around 5p in Q4 last year, 146m shares issued then, now 195m, so not much in the way of dilution either.

Bargain basement price on offer currently.