Member Info for HawaiifiveO

Banburyboy clocks in at 7.20am to start his work.

This individual really does need to be exposed by Bell, who is he, what is his purpose, the cheerleader whose aim is total determination to destroy this company and with it shareholder value.

The fellow is so arrogant that even when Mr Bell warns him a legal route may be pursued via this site he continues to bash unabated, very strange, do you have deep pockets Banbury ? What broker do you work for ?

If that Congo cash comes will you apologise to all the shareholders who you have deterred buying with your venomous posts, not on your nelly !

I am quite surprised by the SP fall ahead of what have to be meetings with JV partner Managem Group concerning the possible sale of the Senala project this week.

There are 3 options on the table which have to be concluded (probably this week at Indaba) two are share price driving and one is neutral

Outright stake sale (worth a minimum of £5m but probably a great deal more)

Managem to pay Oriole circa $2m (the JV spend shortfall) to move to 70%

Oriole to take a % back from the JV to retain circa 40% (no cash involved)

I still believe Managem Group would want 100% of this large licence, their website states their Boto project has scope for material expansion via exploration, ORR own that expansion land !

No tweets from ORR at Indaba so far.

The current SP looks a great opportunity therefore.

I see the bashing tag team are in full swing led by their cheerleader Banburyboy, I really do hope Bell carries out his threat to expose and sue this entity, this individual alone has destroyed so much shareholder value over time, it really is quite odd why Bell has not acted sooner.

It is also evident that 'the names' are profiting by short positions, either by Spread-bets, CFD or continually naked forward selling, hoping they will be bailed out by a fund raise ably assisted by their likely inside city chums.

It is for this reason alone I sincerely hope a positive arbitration award comes to be and $7.5m cash hits the coffers, how wonderful it will be to see the whole grubby lot of them squeal like pigs when the stock price surges.

Happy times ahead, a word of advice, think for yourselves, the current RRR market value is circa £3.5m, the possible award could be as much as £8m based on current FX rates.

Banburyboy works 24/7 bashing Red Rock to such an extent that Andrew Bell recently came on this thread and warned him to pipe down or there may be further (legal) action, the fellow is either being paid, working for entities who are short or simply exceptionally bitter having lost all his cash and is now economically bankrupt.

The plain fact is the market sees significant value as a real possibility, RRR equity is valued around £3.5m with a likely cash payment from a Governmental company of at least $7.5m in the headlights - this money is being held and due for payment pending the result of arbitration.

It is a fact that Red Rock, run by Andrew Bell, has lost investors a lot of cash historically, there are many very bitter individuals as a result, however the market is a roulette wheel and the wheel does look like it is going to spin RRR's way this time (they have already had a win on the arbitration front in the DRC)

At current levels there is NOTHING in the share price to allow for a possible circa and minimum £6m cash input, this is why the buying frenzy has occurred, once the remnants of the last placing get flushed through I would suggest the stock price will motor ahead - that overhang has reduced significantly by now.

Buy low sell high, not the other way around like the bashers !

DYOR etc.

Tweet from Lenigas last night - he deems the matter very relevant

https://x.com/DavidLenigas/status/1754562808522355105?s=20

The £3.5m m/cap is hardly demanding given today's news !

This company is going places for certain, just listen to the value of those infrastructure projects, HERC will almost certainly benefit in a very significant way.

The market is yet to catch on as the company remains below radar, the dividend yield is circa 7% and very secure.

No wonder brokers have target prices in excess of 50p.

We all know that the Senegal Senala JV ends this month and a decision has to be made, will Oriole sell their remaining stake to Managem Group, will Managem pay Oriole circa $2m to move to their allotted 70%, will Oriole retain the extra 10% (due to Managem not spending the full $8m - $2m short) moving to 40% retained.

The answer to these questions will be determined at Mining Indaba which takes place on the 5th February to the 8th, both Oriole and Managem Group are attending, it is nailed on the matter will be concluded there.

My bet is for outright stake sale and the sum involved should be significant for Oriole, they have already stated the project is non core due to them not having management control so it would be the preferred option.

There is very little time for investors to take a position here as a result, one suspects many traders are now out, it is nigh on a certainty that they will return in anticipation of a deal which could gyrate the share price to new heights.

Technically tomorrow is the last trading day before the event, as soon as a deal is concluded ORR will have to RNS it, that RNS could come Monday to Thursday next week.

DYOR etc.

It looks like the bulletin board at the other place is attracting some serious interest and comments, below is just one example....

This is clearly re-rating on sector recovery/growth prospects/takeover rumours.

The company is below radar and thinly traded, the new team are focussed and dynamic, they are moving into high growth countries with minimal overhead cost.

Look for partnerships, the new BOD appointment is an excellent fit.

The shares are a steal at current levels, assuming you can get your hands on any that is !!

DYOR etc.

New shares issued at 3p, current market price 1p.

This news has caught the market offside for certain, those suggesting it was lights out for BMN were very wide of the mark.

Those throwing in the towel at basement levels yesterday must be kicking themselves on this news.

They are still not taking orders at full offer, a premium needs to be paid for very small quantities right now, one does wonder if some material news is in the system.

Very rare to have a 500,000 share buyer (yesterday) in this illiquid stock, what does this individual know one wonders.

Remember the last broker coverage re-iterated the Health & Nutrition business was worth £25m/£30m alone, the current m/cap is £6.75m with circa £4m in cash.

Buy low sell high !

Hard to get any stock from the market, next to nothing online currently.

Tells you all you need to know !

Oh I see the bashers are still here (but they are diminishing in number), you know the ones who were bashing when the share price was 1.6p, any potential investor who took notice and did not buy missed a 100% gain, the next share price move will be equally dynamic, wonder what the 500k share buyer knows ?

Buy low sell high !

There has been a great deal of M&A activity in the sector recently and conditions are improving, currently it is nigh impossible to acquire shares in CNSL, premiums are being quoted for very small orders.

Someone took 500,000 of stock yesterday, that cleared the market out, one suspects some very positive news is on the horizon.

The recent BOD appointment was very encouraging, it suggests the company is still growing and needs ability to manage the same.

238m shares in issue, cash circa £4.4m and a market cap of only £5.7m equates to materially undervalued.

My view remains this is a takeover target and a significant premium would need to be paid.

Alan Green comment

https://x.com/Alan__Green/status/1752322708170297825?s=20

George Frangeskides @AlbaMinerals

Executive Chairman tells investors

@GreenRocMining's Amitsoq graphite project is ‘Premier League’ quality – and Alba hold a 37.49% stake.

https://x.com/_focusIR_/status/1750915303821746669?s=20

For what is worth I expect news concerning Senala sooner than later, it was also interesting that the BOD exercised their warrants recently.

The shares hit .57p on the 22nd Jan, tomorrow can be bought for .41p/.42p, re-iterate the Senala deal could be one of the largest ORR have concluded since they sold their 30% stake in Oksut for a possible $40m to Centerra back in January 2013.

http://tinyurl.com/4scm3auu

The market makers were widening the spread and shutting down online buyers last week, the same scenario ahead of the move from .18p to .57p recently - make of it what you will.

Key news on the Senegal licence named Senala is coming into the headlights, ideally ORR would want to sell their stake to the JV partner, the question is for how much?

It looks like ORR will have between 30%/40% left once the JV ends in February, remember a nearby licence sold for circa £40m, that licence was one fifth the size of Senala, albeit further advanced.

It is quite realistic to suggest the sale price of their stake could easily equate to the current market cap (£15m) but I expect some form of staged deal involving up front cash, bonus cash based on JORC gold discovered, plus some form of royalty.

An example of how the licence sale could be structured can be seen in the link below, Barrack acquired licences from Tembo Gold, former ORR directors are involved with Tembo.

https://tembogold.com/tembo-gold-enters-agreement-with-barrick-gold-for-sale-of-non-core-licences-and-equity-investment/

One thing for sure, with news concerning Senala imminent, now is not the time to be out of this stock, the deal could be one of the largest since the old Stratex sold a Turkish project for £30m years ago.

DYOR etc

Interesting during the drop they cut off online buying, suggests to me someone has taken all the sold stock in the background.

At the moment they want a premium for only £5k of shares, seems to confirm the above thesis.

One or two murmurings of discontent over on X re lack of news but no replies from Jason Brewer, he does normally engage so maybe, just maybe, an announcement is closing in.

I have a position here and fully believe when the news does come it will be very meaningful and the current share price history.