Member Info for jollygoodya

Surely last of the cheap sub 24p shares atm.

We pushed above the 50 MA on the weekly chart as well being above on the daily chart. Looking good for a push to 30p plus imo.

Agree Bladderman, oil is turning back up. Shortage in US reserves too and OPEC stating they were right to limit production. US will have to reload as well as big surge from China. A case toward $100 is building and those levels I3e should move up strong.

Yes agree Tony, perhaps they need to start targetting some bigger wells. Inaddition, I think this time it maybe a case of under promise and overdeliver? I noted peak production 26,000?

What an update!! I'm eating my words. Thanks to Majid & Co. However still need to tie a few loose ends at NS? Overall fantastic. WTI over $80n will be spectacular. Let's get some PR on this asap please.

Legal, precisely the point. Depends on how much value they ascribe to IAMG and apply that as very relevant to ORR 's remaining share. You can bet your bottom dollar they will want 100% and highly likely take ORR's share imo.

Take a look at this from Augusr 21 RNS:
The Company today reports that it has completed, independently of IAMGOLD, a Mineral Resource Estimate ('MRE') for Faré South that has delivered a maiden JORC-compliant Resource (the 'Resource') of 155,000 oz Au grading 1.26 g/t Au in the Inferred category, based on a 0.3 g/t Au cut off and within a US$1,800/oz pit shell. This Resource sits within a larger JORC-compliant Exploration Target estimate for Faré South of up to 280,000 oz Au grading 1.10 g/t Au[1]. The Mineral Resource and Exploration Target have been compiled for Oriole by an independent consultant, Forge International Limited. Both estimates remain open at depth and along strike.

I think this will be bought out as part of the package. Need to determine value for ORR.

Oil price up, I3E? Point lost in the 100% rise is, should we have fallen this far back and would we have, if a more proactive approach was taken? RH is in charge of the Canadian ops and the team there..what is our team in the UK doing while the heavy lifting is done in Canada. Surely some PR cannot be too much to ask?!

Agree GGH, Jezzo and et al. We're defo into the 19's now. Shambles of a PR job.

Forget commodity prices abd value disconnect etc. Rises in oil etc is paralled by a fall in I3E sp. Seems to be no vision at the helm. There's nothing there to get the market excited absolutley Zilch. No good saying we've got vast unexplored accreage and bringing on sustaining wells. MS needs to target and deliver on some bigger potential producer wells and shout it out from the rooftops, not read some presentation slides in a mundane manner. Confirm the unicorn is dead please!!

Not really Tony, you could have said you were up the creek without even a paddle at one point here!

Ignore obvious typos lol.

Ptal was slated here, bit defying the oil price drop. We need decent news here to change things. If I3E scale up production beyond expecter then no doubt we will rise, irrespective of the oil price. In the overall macro environment, you will have some gems. This can be one of them but somehow Majid is not enamouring in his approach..

Not in this, however if resolutions are not passed, this is likely going into insolvency or may still regardless:
RNS EXTRACT
Shareholders should be aware that if the Resolutions are not approved at the General Meeting, the Fundraising will not occur and the net proceeds will not be received by the Company. If this were to happen, to continue to trade, the Group would have to find urgent alternative funding and the Board do not believe that sufficient funding would be available in time to avoid an insolvency event.

Very sad situation for a promising company.

GLA.

Up, I3e down normal pattern.

On the march up. Reckon it may push at $80 in due course. China will have to open up too. Dwindling general reserves and OPEC firm on supply control to maintain price. Opposite side is infaltionary woes and oil and gas prices a major contributor.

Well thats what was quoted, so more or less there. Like splitting hairs. If I had excecuted would have been that.

Not

No made up, was given that on a dummy sell on IG earlier.

Dipped below 20p, fall in % now same as ptal despite the bad news there. All a bit weird. Not complaining as hold both but what is dragging I3E? Op is up almost a 1%. Someone keeps selling down. Hopefully they haven't got much more.