Member Info for hunniford

I'm expecting another trenching RNS from Mbe before month end. Not expecting anymore drilling results this quarter.

But I would really love a new JV RNS or an update on Senegal RNS with some positive news, that would be lovely!

Well first drill results of the campaign and they ain't too bad, we have ourselves some gold. Hopefully this occurs across the remaining holes. This company definitely seems like a good value proposition compared to the current share price. Also this is the 2nd favorite site after MBE. Looking forward to the further trenching results and getting the drill rig over to Mbe afterwards.

RNS also landed 1 min earlier than I expected, I need to do better next time!!

BCM took on this licence knowing the other drill results, one suspects they know what they want and how to get it. Exciting times ahead for ORR, monsoon season also coming to an end which should hopefully improve the speed of drilling for the next Bibs results.

Set your alarms for 7:07am tomorrow 😂

Yes I would say buys, the volume is up significantly today just shy of 48m compared to 10M yesterday and 17m day before

Well that's an interesting rise now, getting quoted .358 on buys of 1M+ anyone want to hazard a guess that there is an RNS coming tomorrow?

Hopefully if it does come tomorrow, may the content is great !!

I like that sectorinspector - maybe we the ORR faithful should be doing this also, as in ramping ORR on other PM related boards and spreading the gospel that is ORR to get the volume up!!

Hoping for an RNS this week either for trenching or 1st round of drill results or both!! I'm not greedy.

I'm a little impatient but can wait it out, just hope they are worth waiting for as the interims alluded!!

The CIB wanted a fire sale, the same could have happened at Senala, now we have a new license in place in Senegal and no rush. One of the RNS this week mentioned JV talks ongoing with Mangem. Hopefully that adds value.

No so much volume today, calm before the storm I hope. Hard to get the interest in this company we really need cracking results and the PR machine flowing!!

Have a good weekend folks.

Choo-choo-choo ---- the ORR news train is leaving the station!! If you don't buy your ticket you'll be turfed off the carriage before departure. Old Kutzz is sitting up front beside Francis Bourgeois talking about Class 66 locos with his first class Willy Wonka golden ticket!!

Hard to believe we had 10 RNS in January but that was a busy month as referenced in the latest interim results. It is also where the current 52 week high sits. Hopefully, we can set a new 52 week high by quarter end.

Also good to see some acknowledgement to TIm L in the Interim report, it's easy to be giving the new leadership plaudits and forget that Tim was a big driver in getting Cameroon going AND (love it or hate it) the Lanstead deal.

Hopefully Tim is still a significant shareholder and he gets to reap the rewards if this pops, which I truly hope it will.

Exciting times ahead!!

Does anyone want to own up :o)

I'm maxxed out on ORR shares at the minute. I'll get divorced if I admit to buying anymore!! It all seems promising could we be seeing a Thursday Bibs drilling RNS. Last one came on a Thursday!!

Reminds me of a question someone asked at the AGM..........

Q: How bullish are you on MBE? Could it be 4 or 5 million ounces?

A: David P mentioned he has seen many grassroots exploration projects grow to multi-million ounces. Particularly when looking at a gold corridor, the potential for other similar or better opportunities is there. BCM has a consultant geologist with over 50 years’ of experience who mentioned that not every geologist gets to see an exploration region with such potential. Obviously, as a company, we have to be conservative with what is possibly out there, but this is certainly promising.

Good interview, great to see the CEO take time to go through the trenching results. I had a thought this interview would not appear until the drill results are in but hopefully Martin gets a desk over at the proactive offices for the next few weeks and keeps us all updated on news flow :o)

This was something that was brought up at the AGM by the CEO that most of the general public /shareholders don’t understand trenching results and what they mean.

I hane to say I fall into that category, so as Kurtz says let’s wait for further details from the company. I think it’s encouraging to see gold in the trenches at wide intervals ultimately this is designed to guide the drill programs. No gold in trenches, then no drilling. Clearly the CEO says he’s looking forward to the Maiden drilling program. Hopefully that can be planned to get underway soon after the last trench results are in !!!

Volume rising also. We had 12M on Friday over 16M today, still small volumes but moving in the right direction. We are also overdue a Lanstead RNS. Only 12 months of Lanstead to go, hopefully we can get some really good drill results, a great rise and consistent volume to make Lanstead become irrelevant but good for the TopCo funds!!

We are creeping up on the bid. Only 20 potential RNS days left in this Quarter.

CEO on camera and on the Mic less than 2 weeks ago looking rather confident. If we are going to report drilling results in Sept a good chunk will have been sent to the lab before the interview took place. I'm pretty sure if you are an expert Geologist you know from "Mark one eyeballing" the samples as to whether they are going to be good / bad or Meh!

Obviously the lab adds the scientific element but.........

Hoping they are buys, was getting .29 earlier but later in the afternoon was getting around 27.5 on 1m dummy buy. Let's go into the weekend hoping they are buys :o) Have a good one y'all !!

Was getting a buy price of .29 earlier on 1M shares, best I've seen for a while. Have a good weekend everyone, see you in September!!

Well indeed the summer holidays are nearly over. On Monday we will have 21 "RNS able" days until the end of the quarter. Hopefully we see some good news through a few of those days. I'm sure the team have been working hard to prep for this period and the last quarter of the year. Sept also marks 12 months remaining on the Lanstead deal. Some really good news could give us some decent returns on the remaining shares to sell!

Happy Weekend folks!

One half decent RNS last week, I wonder if there will be some more news next week? Either way we are one week closer to the drill results out of Bibimi. I have some meetings early next week in Dubai and then a few days R&R so it would be great to get some fantastic news next week, just sayin like!!

Some interesting points here. My view is we are a junior explorer which means we don't produce anything - revenue wise, except results. Therefore, we will continue to need cash to explore until we can provide money from our assets. A sale of Senala would be one option but I don't agree with passing it off cheap. I think we have a bit of time, money still comes in from Lanstead until next August or Sept. If the Bibimi drill results are decent and we can get up to a base of .5 for the year ahead that would be double the .25 base of the Lanstead deal which would give us more breathing space. Otherwise, ultimately by next Sept the begging bowl will be out again to raise more cash for TopCo.

So the way I see it, the company has 1 year to really progress the Cameroon licenses and demonstrate value. Not sure what the next move is at Bibimi after the drill results. I have no idea how much it costs to get a mine going there but that will likely need cash too.

They often talk of first mover advantage in Cameroon, I wonder is that a blessing or a curse. A blessing in the sense that they got pick of the licenses, a curse as no one is really doing anything in Cameroon with gold and other Pms.

Either way the pressure will be on next year so it will be interesting to see how this pans out. Decent results at Bibimi & more importantly out of the maiden drill at Mbe could really help drive interest in the region.

The ideal scenario for me is to see someone bigger come in and buy up all the Cameroon business and then sell off the other assets and then we don't have to decide at what price to sell our shares as everything is bought out!! Hopefully for about 4 or 5 pence equivalent at todays total voting rights or shares in circulation. I'm not a greedy person :o)

Going back to Senela it would be great if they could get some other external interests on those licences as it may give Mangem a kick to do something. Afterall, nothing like the threat of having some new neighbors moving next door to concentrate the mind!!