Member Info for hunniford

@Kelly's lol rectified this morning!! Had to pay extra to get that sorted :o)

Tried to buy 1M and it gave me 999,999 throws my numbers and simple arithmetic completely out the window now!!

Yeah tough going, hang in there. I managed to buy some more today but sincerely hope some really decent news would come in so I can stop buying!!

The directors own almost 8.5% of the business which is pretty decent. @Kutzz owns another 8% :o)

Good to see the board invested to this level though. Waiting for a move is painful but the market is a good validation of patience.

Just shows this is a game of patience, now able to buy again at 0.0186 I just hope my recent re-conviction to ORR pays off in the coming weeks and months. Wonder what the next news flow is going to be??

Definitely needs to go up so I stop buying, don't want to get even more over exposed here!!

My opinion box = Weak buy, as in every time I am weak I will buy more!

The way I look at the share price right now is that ORR is having a sale, hopefully next Q and onward these pricing levels will be no longer.

Has anyone seen the drama going on at PREM I been following that recently some of their back story a little similar to ORR, directors involved skin in the game etc. SP took a dive over last few days due to issues with capabilities and the way a deal with the Chinese is structured. Had a small punt today and made 15% so that may get diverted in here :o)

During London Indaba, Barrick president and CEO, Dr Mark Bristow, highlighted the “absolutely critical” nature of junior exploration for gold and copper as a component of a sustainable mining industry.

He states that Africa can aid in supplying metals and minerals for future demand. ORR’s exploration programmes show exciting potential across its assets in Cameroon, including the CLP which holds a potential gold district twice the size of Greater London.

https://www.miningweekly.com/article/junior-exploration-absolutely-critical-barricks-bristow-tells-london-indaba-2023-06-27

"This time next year Rodney....."

I have been looking back on some historical RNS, trying to work out the highest MCAP the company had, the highest price ORR got I believe was 1.9490 on 10 Feb 2021. I am trying to work out what the MCAP of the company was when it hit that high price. Is there an easy way to find out?

The closest total share count from a Voting rights RNS is:

1. 16 July2020 with 911,634,609 x 1.9490 = MCAP of £17.7M

2. 01 April 2021 with 1,561,913,789 x 1.9490 = MCAP of £30.4M

The MCAP must have been somewhere in the middle.

If we look at current shares in operation

3. 31 May 2023 with 2,850,839,005 x 1.9490 = £55.5M

In order to make a MCAP today at the lower end above we need to see £17.7M / 2,850,839,005 = 0.0062p

At the higher end we need to see £30.4M / 2,850,839,005 = 0.0106p

Any ideas on what the highest MCAP we have ever had was?

I've been waiting to top up for days but the price has been holding up. So finally decided to bite the bullet today, cost me a little extra but I figure if this does ramp up on some decent news I'd be annoyed with myself for almost topping up but not following through.

So, that's it for my top ups until news comes :o) unless the price dips below .18 which it doesn't seem like it will now.

Let's 'ave it ORR!!

@ Kutzz Am working towards a "Hawaii " :o) just need the price to drop a smidge. Although I may be stumped for a few weeks as just bought into FRES. Anything coming out of FRES though will go in here.

@Evraz on your quote

"Spoke to a friend / works here … he has zero clue what this here is about"

That's usually a good response from people who know nothing, or indeed are involved in any deal since these things are meant to be confidential. So for someone to come out and say "yep absolutely, the Amazon deal is a thing" could jeopardize their career. Added to the fact on a different train of thought, in most organizations the employees are always the last to know!

Not saying there isn't anything going on but worth bearing in mind!

Here is the link:

https://www.youtube.com/watch?v=kcTENPu0wBk

Good to see the additional news. This typically seems to settle back a few days after good news, I'll start adding then. If it doesn't and it keeps going up then great. I have enough of tokens now onboard, from a risk management perspective I shouldn't really add anymore but if it falls back to 18.5 on the buy side then I will probably grab a few more.

Anyone know what the next expected news is, I suppose it is to do with some Canadian funding?

The way I look at this, at some point it will pop on substantial good news, which is likely some kind of partner or JV on some of their projects, until then we will likely loiter around this price level perhaps a little bit lower. So I see now as an opportunity to keep topping up. I don’t want to be in the position of suddenly getting FOMO when it pops then trying to chase the rises, as invariably it will peak and then drop back. This is how I was caught before with this stock when all the hype and the pump and dump crew came in. The company is much more further along than then and at some point the real interest will come, it will then turn into a fairly exciting stock. I think we have a good chance of getting to an MCAP of £43M or a SP of 1.5p by this time next year.

My strategy is to buy now while low, hold and probably unload a few if this gets North of 1/2 penny, just to recoup some of my outlay then hold the rest and see how we go. Let’s ‘ave it ORR!

The biggest indicator on this was from an RNS in April when a director bought just shy of £200k aswell as being in a share salary sacrifice scheme. It is still a risky stock since it is a mining prospecting company but good to see BOD confidence like that!

Auto Correct dramas with that last post…

It’s like being in the Aldi centre aisle. I’m hoping for another 5M at these prices!! Let’s ‘ave it Orr!

This is now my biggest speculative punt! Trying not to get carried away though :o)

“Come on Eileen”

It’s like being in the Aldi main aisle. I’m hoping for another 5M at these pricesb Let’s ‘ace it Orr! This is now biggest speculative punt! Trying to not get carried away though :o)

“Come on Eileen”

Yeah I managed to get a couple of buys this morning after a few days of trying. Hopefully will get a few more in at these prices.