Member Info for hunniford

Puuuurleeeassse!

Status: hold for gold!

Results tomorrow!

I guess we are getting into speculation territory which to some extent I guess that is what an ideas board is for.

If I knew exactly how this share was performing and going to perform I’d probably have about 20M now trading in and out of it!

Instead of sitting with a kind of half knowing nervous smile in anticipation :o)

Largey00 no worries. You are right she does control a lot of what is said on the site but I don't think what was shared really supports her narrative so I tend to think it is belivable that AMIGO said this to this person as it doesn't really help them if they are trying to get a claim solved. Essentially

1. Working on a revised scheme so nothing changes until the outcome of that
2. FCA rightly isn't happy that claims handling has and will continue to cease but then we all know that
3. The biz has enough cash for now, well we all know that

Anyhow my point is the team will be re-working an offer let's face it if you've ever bought a watch or some hookey gear in Turkey you never accept the first offer from the dude. Same here likely to happen.

Ye pays ye money and buy the golden Oriole tokens and takes ye chances! This still is a risky play if it's in the ground cool, if it isn't in the ground in the quantities we need then ouch!

Am hoping though when a geologist reports on seeing visible gold in the drilling cores on route to the lab, that's like an engineer tapping an engine valve with a spanner and knowing what's going on.

Yes NB all of my Bullishness on news coming tomorrow is just a bit of banter for anyone new here. Obviously when it comes tomorrow I'll be dining out!!

We had a "predict the news" day last week. We are fairly certain news should be coming since we had an RNS mid April declaring "visible gold" in the cores being sent to the labs. Then an updated RNS 10 May to say the lab had delays and a back log but was working through it with the expectation of returning to 14 day turnaround. So doing the maths this should be imminent. If it doesn't come this week or before the market opens next week I suspect the SP will suffer a bit on Friday or Tuesday.

Quote: This is the problem with random people stating rubbish with no credible evidence...

Not sure if you are having a dig at me but I've been in this share since last May and have followed quite a bit of the activity and have a decent amount of experience with what is going on, so much so I was able to get myself into the position of a free carry now having missed the opportunity of selling and buying back in on the 1st key 20p rise up.

In any event the Debtcamel post was just some information from a disgruntled customer (who no doubt wants the scheme to fail since most do on debtcamel) conveying what he had been told when he called Amigo for advice.

Maybe you should call up AMIGO yourself and impart to us your expert knowledge. Perhaps you are one of these people who in the past has believed everything or those who SHOUT LOUDEST on a bulletin board and then based your trading decisions on this information - but to do that would just be DAFT.

Bridge-Dogg the 2021 number is a forecast of the cash levels they expect to have by 31-12-2021 which they forecast to be £1.75m after they have funded the 2021 exploration in Cameroon and paid all business costs.

Some of this will be made of from money received from their JV partner IAMGOLD and from the sale of warrants which they note to date in the presentation they have received £675k so far.

They also have a number of Royalties in the portfolio that will yield additional funds.

Is this what you were asking?

Assays results right in the middle of a mining investment conference (if they are decent) what better way to talk in some fresh investment from funds and institutions!

Come on Big Tim & Clare you know it makes sense

DW says

May 25, 2021 at 12:44 pm

Have just come off the phone to Amigo and these are the main points from the call.

1. They are looking to put a new scheme or something similar into place and there will still be NO offers made until the new scheme has been presented.

2. The complaints team member fully admitted that they are breaking FCA guidelines by not dealing with complaints in the interim period, even although they are in effect back to square one. With no scheme nor plans for a scheme in effect.

3. He could not verify any timescales for any action of any sort. Any requests from FOS will be dealt with within 4 weeks of receipt.

They have more than enough cash in the medium term and there is no reason that I can see to carry on withholding redress payments, I would think Provident might not be so sure of themselves after this decision.

The presentation has been updated for the 121 mining conference this week. Here is a link to the website.

https://www.weare121.com/121mininginvestment-london/

Then here is some of the blurb from the web site below. Tim & team obviously out there trying to drum up some institutional investors out there. If our Assays are good this could put some new eyes on us and some new IIs seeking to invest in ORR.

Home Meeting Planner Attending Companies
Register Panels & Presentations Investor Relations Contact

As well as meeting our London investor network, connect with funds from the EU, Switzerland and South Africa at 121 Mining Investment London Meeting planner now open - login now to start pre-arranging your meetingsClick here to login
Connecting mining companies with investors online

Pre-scheduled, time zone based online meetings between mining companies and investors at 121 Mining Investment Online EMEA. Continue to meet and build relationships without travelling.

Full support received from investors to take part in online 1-2-1 meetings.
The online meeting platform allows our events to continue for mining companies and investors.
As well as meeting our London investor network, connect with funds from the EU, Switzerland and South Africa and the wider EMEA region.
With distance and time out of the office no longer a hinderance, a far wider pool of investors will now be able to attend each event. At the same time your participation fee is being reduced, and your travel costs are cut to zero.
The system is secure and simple to use and you will be able to show your presentation and interact face-to-face with the investors as normal.
Our meeting concierge team will be working closely with mining companies and the investors to build a full schedule optimised to your timezone. In this market it is important that companies continue to engage with investors.

Brave or stupid, I was going to put it back into Amigo but that is too risky now for the moment so it ended up in here. I wouldn't say no to Assays tomorrow but I don't think so. Updated Presentation out today another two days and then maybe the results we have been waiting for.

It is interesting to see the Shanta drilling programme had similar drill times to us and they only got the RNS out today. Visible gold in the samples like us and decent grades (like us Fingers crossed).

Well my order went through in the end for .88 fingers crossed these Assays are decent when they come on THURSDAY

Struggling to get an order filled here. Ok not paying the full ask just a little bit under but still!

True the market might not react in an explosive manner but if the Assays are good then this demonstrates the value in the company. I guess it depends what you are investing for. If the assays are good then we own some licences for ground with decent gold on it which means someone is going to come knocking and say can we have a slice of that please? Our Bod are not really in the game to build working mines, so they will happily sell the licences or partner up. Tim exited Reservoir with it being sold for £300M plus so this is where i put my faith that these guys know what they are up to.

That old classic, buy the dip but it keeps dipping! I am moving some money to my trading account but i need to see a fairly quick return on it. Hopefully the results come in and this is off to the raises so I don't need to buy but just in case I'm standing by to do a Kutzz top up!

I'm not fussed either, the results will come when they are there and dissected. If this drops a bit lower and is still hovering there mid week I should have a few more funds to be able to add a small chunk.

Well can't say there wasn't a tinge of disappointment when the Monday morning RNS did not materialise with the results. However keeping my chin up with a view of cementing me position as the Sage of West Africa when that Thursday RNS drops and we get a hectic 2 trading days going into the long weekend...….i just hope those trading days are in the direction we all want / expect from this stock now.

I could really do with rounding off this week marginally above 2p since I'm almost 6 months in this without seeing that again,

I just took a few more based on the idea we were here at this level 2 weeks ago and when the PR machine got into gear we shot up over the penny. So hoping for the same.

That old cliché but surely next week has to be the week we hear the results :o)

Place your bets folks. I’m a Thursday man.

So for me it’s now Thursday 27th!

What do you think ?