The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Ha! I noticed that yesterday too Cekim - completely illogical.
Guys I share your frustration but clearly a number of us have significant holdings and need to wait it out. No point in speculating any further its not great for the mind. The BOD suggest they read these boards so will clearly see the sentiment and know what they need to do.
Out of interest I was researching the Elephant Oil IPO this morning but there is still no clear date when that will be listed.
GLA
Likewise Reedy96. I sold my PREM holdings this week, had them for 3 years but Kodal has always been my largest holding and I've been topping that up over last few days. Hopefully I'm right to do so but anticipating an exciting month ahead for Kodal.
GLA
I thought I’d change the heading so we are not confused with photography!
Good article from end of January to remind us why we are all here.
https://www.share-talk.com/kodal-minerals-aimkod-de-risked-undervalued-and-ready-to-rocket/
Long term holders let’s have some positivity on what we do know…
I reviewed the recent video again with Tim and Bob. If you scroll to about 6.35 in to about 8.50 it’s interesting to note the following and that’s why I’ve felt confident to top over last few weeks:
https://www.proactiveinvestors.co.uk/companies/news/1008552/oriole-resources-to-push-on-in-cameroon-during-2023-1008552.html
Management clearly focusing on Cameroon, first mover, new frontier etc. some great results so far and more news to come..
Bob compares us to Chesser Resources and notes their share price is x 10 higher than ours and believes we should be same level (if not higher). Good to know what he’s aiming for!
IAMGOLD and Managem deal is anticipated to conclude early in third quarter 2023. We’ll then know where we are in this.
Turkey court case. Bob notes ‘it’s a given’ having already received $75,000 in 2019 and balance of $425,000 + costs+interest due.
The board know what they need to do to increase share price and have stated they are regularly receiving approaches. JV seems to be their preferred option rather than diluting the share price. After all they stand to benefit having taken salary sacrifices in shares at a higher share price.
We know historically how quickly this share price moves on positive news.
Kutzz I like the analogy we are a volcano waiting to explode… (with lots more Gold hopefully!!)
Clearly we need more news and preferably a major backer coming in.
Just my opinion . GLA.
Does not make sense.
I’ve topped up a few times over the last month and each time my buys have been noted in red noting a supposed sale. The the bid and purchase price has been much closer than the noted spread too so perhaps the algorithm can’t work it out…. Essentially it’s been low 0.12s to sell and high 0.12s to buy and from that you can roughly work out the buys and sells despite none of them turning blue. On that basis there seems to be have been a far greater number of buys v sells over the last 2 weeks.
Upgraded his target to 0.80 by end of the month:
https://twitter.com/share_talk/status/1625166514432229381?s=46&t=FIgdhnF4LEeXGTwdnHwf5w
Zak’s chart update..
https://twitter.com/share_talk/status/1624875376622153740?s=46&t=ZfE6321ohrPE9bE8nwNkqw
Ormonde Mining PLC - cash shell, former Dublin-based mineral resource company - To be deleted from the FTSE AIM All-Share Index on February 13. On Tuesday, it was reported that the company was temporarily suspended from trading on AIM. It became a cash shell in October 2022 and was therefore required to announce an acquisition that would be a reverse takeover. On Tuesday, it reported that it acquired a 20% stake in Peak Nickel Ltd for GBP450,000, was granted an option to invest a further GBP4 million in cash in PNL, taking its stake to 49.9%, and to buy the remaining 80% of PLN through the issue of Ormonde ordinary shares.
Nothing on their website either
https://peaknickel.co.uk/
Not much to get excited about.
At least we know we have at least circa £4.5m left in Ormonde’s account!
This had better be worth it after a long long wait since our largest shareholder vetoing the copper deal that sank the share price.
PNL not been going long:
https://find-and-update.company-information.service.gov.uk/company/10809516
Released two hours ago:
https://www.proactiveinvestors.com.au/LON:ORR/Oriole-Resources-PLC
Not had a chance to watch yet