Member Info for L200

I should add that I have around 20 times exposure to Orm as I have to Wres

Interesting figures.
You have taken in $44m which is Equity as part of the total debt for Orm.
When Orm go to 7 days a week production, then they go to around 110,000mtu.

Have you tried giving your broker a call and asking for a swap or a exchange ?

Farmer Mcgiles back.
I have counted 5 different opions on those trades , and not one of you get it !
Simple , it is a rollover !!

Up here near Glasgow, that is woman's work.

I would not have thought those trades are linked in any way.

2 MM on the bid now after that large buy earlier.

You are correct.

Now that you hopefully have a better grasp of the figures you can stop posting the $3m per month EBITDA !

How can it be , both trades are at the same price !
It is from yesterday, they have just duplicated one half of the rollover.
Don't know why they do it.

Full ask just paid.
Bob , yes back to work.

Plus Oaktree who have 70% of the project, will probably sell out at some pont.
That leaves Orm open to a buy out.

The big difference is the Mkt know Orm don't have to come back for more money ie a Placing.
Can you say the same for Wres !

*******s, what figures are you using to say that ?

Glad we got that cleared up.

FFS, it is like pulling teeth.
I know Orm have only 30% of the project.
I was responding to K3 saying Orm had all the debt for the project, pro-rata Orm have only 30% of the debt..
He was comparing Orm with Wres, it is not correct saying Orm have $95m debt.
Btw Richard, some of still work !

Do you honestly think Orm gave away 70 % of their mine but took on 100% of the debt ?
What pills are you on ?

No they don't have 3 times our debt !
More importantily they don't have a placing every 6 months !

Agreed on both counts, back to work for me.

MM has said we will have $3m per month revenue later on in the year, he has also said we will be producing 20,000mtu per month.
$3m divided by 20,000 = $150