Member Info for hunniford

Elon that should definitely move the needle!! But I also think .28 is a good deal. I wanted to buy between .020 - .25 the last time on the way up but was locked out of my trading account, so I missed it. If we get there again I'm thinking it's Karma telling me to go for it!! Then hopefully next news drops shortly after and we never have to go there again!!

It will come i know we got some decent grades sitting ready for exploration. The masochist in me wants to see this hit .25 or a little bit below as I know I'll end up adding more to a position i really shouldn't be adding anymore too 😁

But it came to me in a dream.......

Yeah HRY, I suppose one way to look at it, the Insiders own 267,022,992 shares between them according to current public information. Which on the 22 Jan when we hit .57 to buy, if we use the sell price of about .5 (I can't remember where it got to) was worth £1.3M and as of today is now worth £747K. A Big difference.

So this SP dip hurts us all and is also a good incentive for the insiders to keep plugging away, which I'm sure they are busy doing! Fair play to you & Kutzz averaging down, I only really got cracking straight after the Chair bought. Then as soon as I stopped adding the Lanstead deal got announced and i watched my holding reduce by 45% in the space of a week 🤦‍♂️

Certainly not one for the faint hearted at the moment but that said hopefully lots of positives to come. The hard work is being patient, which when we put it into perspective most of the long suffering from 2020 onward should be behind us soon.

Great JV partner on board and some decent news flow to come, also very interested to see what happens in Senegal there were some really good results on that asset which I suspect neither party wants to let go. I wouldn't want someone else's tank sitting on my lawn!!

Well if it drops to .25 I will have to add some more, my average is .21 with all the averaging down i did. I suppose I could average up a little bit at that level. The fact that we hit .4 and dropped off with no news suggests we can easily do it again.

I honestly thought we would have had a base at .5 by now but there we go I think the warrants that came out torpedo'd it for a bit as maybe folks forgot about them. However, with some good news flow and some decent results in Q2 hopefully we get there. Making a cheeky top up around these levels much more tempting.

Welcome to the doldrums we need a little bit more news to blow our sales and get us moving again. Volume traded today 28.2M which is still quite low but enough to absorb the Lanstead churn.

Beardozer, a good indication of when ORR becomes the next GGP, will be when this LSE ORR board is full of ar*eh0les!! 😆

So far this board is fairly cordial since it is a regular bunch of decent long term holders, who have had quite a bit of interaction with one and other.

I believe the volume levels are a good indicator of what is going on. Looking at the month of Feb the ORR daily average traded was 15,325,755.71 which is not exactly that high. Looking at other AIM shares that some people tend to follow here the daily averages for Feb:

PREM = 317,336,558.91

HE1 = 284,825,792.52

So you can see we still have a ways to go. When we increase the volume we will increase the interest in the stock. Plus with the increased volume we will see more crazy interactions on the BB board from the crazy rampers, de-rampers, the jealous and the downright loonies. However, and hopefully when we get to this stage we should be doing well.

One observation on the 01 March the volume traded was 49,450,535.00 which was over 200% the monthly daily average in Feb. Or over 250% more than the last trading day volume in Feb. Which probably suggests Lanstead were unloading again since no news came out on Friday or appears to have been leaked on Friday since we have not had an RNS today.

On the 22 Jan when we hit the 52 week high, the volume traded was 191,065,813.

However, let's not lose sight of the mission ahead, which I believe is to get this company in a position where it will be snapped up by another larger player, hopefully at the levels of multiples of pennies!!!

Money is in the bank, BCM seem to be a company of their word and why wouldn't they be, with an opportunity to earn 50% per project on possibly the hottest new Gold District in NW Africa. I look forward to seeing how this partnership evolves and more importantly i cannot wait to see what is discovered in the upcoming works. Great results and this will pique the interests of other larger companies looking to broaden their investment portfolios. FOMO!!

All of this and still only an MCAP of £13.5M, lots of upside to go in the next few months, really looking forward to see if we can soon build a base @ 0.5p and then beyond

Orr let's av it!!

No 07:07 am RNS with payment news this morning. Maybe that comes in the morning as we roll into another month. March should have some news flow from activities at both JV sites in Cameroon.

Who know perhaps by the end of March we get a further update on Senegal. I'm excited to see how that one pans out. There is so much potential in that district and we have a fairly large license sitting right in the middle of the action.

When you think of the current market cap, there should be still a decent and comfortable leg up to come. So for those who can afford it this is probably one of the better AIM stocks to be considering at the moment.

Bored with reading lengthy diatribe from the flamboyant one i asked Chat GPT to sum up todays RNS in less than 500 words 😄 Here goes..... NB the computer's words not mine!!

Here's a summary of the key points from the RNS announcement by Supply@ME Capital PLC that would interest a shareholder:

White-Label Strategy Initiation: On January 3, 2024, Supply@ME announced the start of its White-Label go-to-market strategy, securing a deal with Banco BPM S.p.A to fund an Inventory Monetisation (IM) transaction worth up to €10 million. They expect to finalize the contracts by the end of March 2024.

Expansion Plans: The company is using the Banco BPM deal as a template to engage with other Italian commercial banks for similar White-Label transactions, indicating potential growth and expansion.

Investment Bank and Asset Manager Engagement: Supply@ME is working with an investment banking division and asset fund managers to evaluate participation in IM programmes, signaling potential new funding sources and partnerships.

Digital Assets and Security Token Issuance: They are in advanced discussions for a security token issuance up to US$100 million, with a first commitment of US$5 million expected by the end of March 2024, showcasing innovation and diversification in funding strategies.

Financial Support from The AvantGarde Group: The company has received £2,276,963 from The AvantGarde Group, exceeding previous disclosures, demonstrating strong financial backing and commitment.

Business Model and Operational Enhancements: Supply@ME has made progress in enhancing its IM platform, transitioning to a Swiss-based trading business (CH Trading Hub) for better operational efficiency and funding framework.

Revenue and Funding Update: The second half of FY23's revenue is expected to align with the first half's figures, and the company is exploring additional funding options to diversify funding sources beyond The AvantGarde Group's commitments.

This update reflects Supply@ME Capital PLC's strategic initiatives towards expansion, digital asset integration, and securing financial support, which could potentially impact the company's growth and shareholder value.

I don't think ORR could work with Lanstead. Essentially Lanstead are now an owner of the business just like us but with the modus operandi of shares to sell.

Therefore, if "they were working with ORR" I suspect that would be classed as insider trading. Lanstead should be well over due an RNS though since we are six months in!!

Slow and steady is the way to build this, without any crazy pump and dumps. The potential is exciting and it will be driven by what is in the ground, hopefully we get some decent news flow about further JVs in Cameroon and of course more news on Senegal. I would like to see this steadily creep up to create a base .5 this would be a great psychological milestone!! It would be amazing to hit this level before we get into the ground results. If they are stellar then the SP will take off and all of the patience and persistence of everyone who bought at the lower levels (including Eileen the chair) will be handsomely rewarded!!

The most reassuring point about this company is the amount of skin in the game the insiders have. It is well within their interests to make this a super success. All the LTHs deserve some good fortune for hanging in over the past few years. Plus for those of us who averaged down it will be great to see a higher base form with a decent safety net!!

We still haven't had an RNS from Lanstead lately to see what they are doing, which either means they haven't been selling much or are very tardy with their reporting obligations!! It would be good to see where they are at. We are approximately 6 months or 1/4 through the agreement period!!

Here is an old article I found about Senegal.

https://stockhead.com.au/resources/major-gold-discoveries-by-chesser-barrick-and-iamgold-just-the-start-for-this-emerging-exploration-hotspot/

Just a s a reminder for the potential in this area. I don't think the BOD would be planning to let this asset go too cheap and ultimately I do not think they are under any immediate pressure to do so.

Proactive interview out: Tim Livesey.

https://www.youtube.com/watch?v=3-I76eXWbw4

@Coyote the info on ownership in Senegal will likely be buried in an RNS somewhere, if you fancy some homework :o)

Regardless, I think the wording of the RNS referring to the $31 is a subtle nod to the value that is tied up in Senegal, particularly when you consider the current MCAP of ORR. All in all seems pretty positive. I hope the first refusal heads in the direction of Mangem and they buy it with a decent offer.

It would seem crazy to have done all that drilling and not retain as much value as possible on the license. Essentially it would future proof Mangem's recent investment in Senegal, where IAMG (previous owner) spent a considerable amount of money developing the infrastructure in the surrounding area.

Hopefully the license extension comes through soon and this all gets concluded, it could have a fantastic impact on the ORR SP if all parties agree a mutually satisfactory deal!!

Ha, some people are hard to please!!

Oriole aren't exactly in the driving seat on this one. Mangem is the "senior partner" here. I think it is fairly decent of the company to share what little news they know. It gives a clear indication to those who thought a sale was imminent, that any action on Senala will take some time to conclude. Most likely after the decision on the license renewal has been provided.

Interesting point on $31M spend to dilute Stratex down, suggests the easiest route for Mangem would be to just buy Stratex out.

Me thinks a mere bargain if they spent a minimum of $10m doing that!!

Trying to look at this objectively & $2.3M would be a steal for Mangem to secure their 70% stake in the license. Plus they haven't had the hassle and distraction to do anything on it since their acquisition of IAMG's assets, which no doubt kept them busy and dented their cash!! I would have to think why they would really want to pass up on this asset with all the spend so far and the drill results to date.

That said...........

I guess if they don't take up the option they then remain a 60 / 40 partner with Oriole. In reality what does that mean? Particularly as the license application is going in for a 3 year extension to the license. It would suggest the do nothing option isn't really an option.

Therefore would this skew things towards a sale, which I assume the license needs to be extended? Potentially that is the next RNS for Senala the state of license update?? For instance, why would Mangem want to spend another $2.3m for an expiring license and who else would want to buy a license that hadn't yet been renewed.

Also if the license does get extended and a Sale is going to go ahead I wonder who (other than Mangem) is best placed to take things forward and buy the license?

Could be an interesting next few days!!

Yeah exactly, easy to hide behind a keyboard and say “shoulda woulda could a’’ usually the folks that say this have never ran a business before, let alone a junior miner during a recognised worse period for junior miners.

The ORR leadership team kept the lights on. Made some key decisions and instead of going bust here we are today looking at some serious upside potential with a great JV partner. I don’t begrudge them exercising warrants. If we are sitting on key ground in Cameroon it won’t matter. The more skin in the game they have, then the more I expect them to deliver!!

Good to see the BOD exercising their warrants. Decent bonus for those who help revitalize the SP over the last few months. The leadership of this company has significant skin in the game. I'd rather see a well motivated leadership team go out and win more deals for the company. Onwards and upwards, let's 'ave it!!

Great interview. Underpins why we are here. Hopefully there will be a lot of eyes on ORR & their JV partner BCM. It would be great to see more JVs announced later in the year in Cameroon.If we get any semblance of decent news on Senegal we should then make it over 1p which would be over a 1000% rise from the lows!!

All of this should be easily doable. Great to see a good news pipeline coming together!!

Ok it's open .56 to buy!!