Member Info for james1970

A very sad RNS- regardless of your opinion of the man to die so young is a tragedy for his family.

Another tick up...now a 12.7% rise. ORM nowin top ten risers for the day.

DAVY VIEW: At current market values (€30m) and factoring in the project capital (€40m), the prospective EV of Ormonde is in the order of €70m. Using current tungsten pricing of $450 per mtu, the group is trading on an EV/EBITDA of 1.75x. Our last valuation of the group (before adjustment for today's new data) was 16p per share, risked. While we still await the final feasibility study outcome and also final planning at the turn of the year, even now the stock looks exceptional value at current prices.