Member Info for Kutzz

Don’t worry cekim, someone will sell £500 worth tomorrow and it will drop 10%

If I had a spare million, I’d buy that option for $1m do then make $7.5m minimum over 10 years. After the first year or two it’s paid for itself and it’s a free carry

True Troajan, but it just needs need the rubber stamp of approval and the royalty is still worth something. If we can get $1m + for it then it saves more dilution.

7m buy and the share price doesn’t move!?!?!?

Feb 3rd 2021 -

“All licences have an initial exploration term of three years and are renewable three times for a term of two years each.”

So that’s Feb 2024 and then you can apply for another 6 years in total in 2 year stints.

Still have another two years on the CLP before you have to extend the programme. Considering the BoD have a good relationship with minister of mines judging from their Twitter. We should be alright.

It terms of a maiden drill programme, I would also like to see that happen on the Mbe license but we be careful what you wish for.

To fund another drill programme now you need to dilute excessively or raise money from legacy assets.

I’d rather be patient and wait to raise money outside of a cash raise and then drill Mbe now and dilute the company with a 1bn shares. Raining season has kicked in, not much work going on now and low overheads. Sit tight for a few months, pray for no placing and go from there.

If we get news of no placing due to a dire share price, we might see a little bit of frustration as the time frame extends. I’d rather that then lose significant value through a raise

Oriole own 1.2% and for a Junior explorer, potentially selling and getting $5m+ will go a long way for our exploration in Cameroon.

If you’ve got better ideas to raise cash, write them and email and send it in

RNS news - that’s big.

Our cries have been answered! Let’s get these legacy assets prevailing.

I’d love to be like that, if I had £10k I probably wouldn’t be arsed.

I had such high hopes for this mate. I mean 12 months ago when it was down I never thought this would be in the teens.

The problem is and not just with oriole but a lot of companies is after a while their words become meaningless.

-No one believes what they say enough to invest.
-They don’t have the results to entice investors in this market.
-people throw around the ‘majors’ but they’re not interested unless you find a few million ounces
-every c**t @ shard probably says oriole is a great buy, yet no one is buying….

I’m stood here like a twat holding multiple Tesco bags in the ****ing rain, waiting for the oriole bus to come. Any minute now……… the rain keeps pouring and we keep waiting. Told the bus is coming but nothing…..

I was alright until I checked in here mate and it instantly put me in a fowl mood and how can it not?

It’s beyond laughable…

How have you been mate?

If you do place 700m shares, how you long will it take to shift those. You can’t give these away. The volume is 1m on a good day here.

I genuinely have no idea how or even if this is going to recover.

Alan is not RNS’s it’s the content of them that matters.

It’s also their reckless attitude towards dilution and a huge failure to deliver on their major selling points, legacy assets being one of them.

I just checked my account and it’s f**king abysmal!

But fear not, SP doesn’t matter……

If VAST can do it a month ago then there is still some money floating around in AIM. ORR is lower then bargain basement price so it might attract some pumpers. Fingers crossed

I've lost my appetite for risky stocks to be honest mate. I really regret investing in this as it is but nothing I can do but hold and pray for a pump up to 1p

Keep well Troajan, the F1 has been good watching so far and same for the golf. I might try and get some Silverstone tickets this summer.

I am signing out before I relapse and start ****ging off the company again.

Take it easy mate, see you @ 0.10 ....... :'( kidding

see you @ 1p

well well well overdue, we haven't bounced for 12 months mate even with more favourable market conditions. The outlook for this year in the economy looks pretty bleak as well. It will take a miracle to get us on the right path.

Morning Tro!

No jobs I’m afraid but send me your Cv haha.

Fair play on the top up, I mean it’s not a bad price, pretty much an all time low. I can’t bring myself to put anymore here though.

Hope you’ve been well mate

What's happening everyone?

I read the latest Bibemi update and it all sounds promising (as always) the identified zone in the PDF shows an area of alteration of 10m, if this is relatively mid to high grade then that is a decent start. 10m @ 6g/t + au would be nice.

Despite the macroeconomic outlook with the worlds markets, I think what's killed the appetite for Oriole at the moment is the BoD's view on dilution however we've all spoken enough of that in the past so my fear is that any good results may get outweighed by the elephant in the room.

Looking at a chart, I can't see how this can get much lower as it's almost at its all time low since the takeover however I'm sure Mr Market will prove me wrong next week.

Either way, Assays and a JORC estimate may give this a boost...... any one care to speculate on the size? I suppose it depends on the next set of results. Anything above 100k oz would be a start.

Hope everyone's well, Crypto has been decimated recently and at least everyone else can feel what its like to be an Oriole investor!

We are seasoned veterans at being in the red.

I’m signing out mate. I don’t care about the Bibemi’s results or these results. I’ll check in at the end of the year.

Looking at this just ****es me off and it’s no good for myself or you lot. Misery needs company and that’s probably why I vent here so much.

All the regulars are really sound and I hope you’re all still around when I check in next.

Take it easy,

Kutzzz

Jackbal - think I’ve said that and so has MTM.

I was up on this at one point as well. Never did I expect we would be down at these levels, approaching the teens with a placing lurking in the shadows.

BoD should pat themselves on the back though. Yeah the market sentiment is rubbish but this has outperformed everyone in the sector, I’d be happy if you stopped wasting time with Bibemi which so far has delivered average results and focus on Mbe.

I think they’re on modest 6 figure salaries, I wish I had a job where the outcome of my performance at work had no effect on my job and I earned that much.

If the SP was correlated to their salaries, they wouldn’t be so chirpy.