Member Info for Legalwolf

They have a poor record of delivering on what they say they will and so let’s see if they do get an “industrial partner”. Hope this news isn’t meant to replace the CIB funding strategy. Al imo and dyor

Very depressing title to this thread. I'm afraid I don't see anyone getting their money back here, and its just a case of not throwing more in thinking you are somehow averaging down, because all you're doing is throwing your money into a decreasing share price and at dilution. That's a recipe for disaster and increased losses. Come back here ONLY if ORCP is able to bring in some external financing and/or has managed to get itself out of this downward death spiral of dilution. In the meantime, any spare money is definitely better used elsewhere. All imo and dyor

Drilling to start on 9 October in Zim with our own Rig and according to BT: "either one of these projects could have 500k ounces in them, and there are dozens of them."

Zim is to start in a few weeks. KCB to start in Q1. This is very cheap!

Price is sitting right on the gap that formed on the day they announced the Rig purchase. Ideally you want it to bounce from here, rather than go quiet at this level. Could do with some early gas shows. GLA

Contrary to what some might think, I'm not looking for cheaper re-entry here. It's cheap enough as it is and has been for some time. So I've had plenty of opportunity to re-enter. Also contrary to what some might think, I'd like the share price to go up. LTH have endured a lot already and do deserve some success/reward. Who would begrudge them that? There's also more chance for others to make money on a success case, then there is on a failure? The market is not offering us much at the moment, so when there is a share that might take off, you want those opportunities to be there.

Let's see what tomorrow brings. GLA

The approach in the RNS is sensible and to be expected. But do we expect them to stick to it if they do find Helium shows on the way down? As others have said, they would surely want to report any 'positives' at the earliest opportunity? Having said that, two weeks is not a long wait anyway, so they might want to report any and all shows together at two weeks.

Guessing game though in the meantime. Hope you all have some fingernails left by the time results do land. GLA

They have their own Rig in Zim and will be going non-stop to find that gold. We could get a positive RNS from Zim any time. Then we have DC overseeing the next drill programme at Karakubis in Q1. You can easily see the share price going north from here given the newsflow coming up here in the next 6 months.

I'm sure BT will start banging the drum as well with the media. All imo and dyor

KR - I hope they will both stick, but happy to accumulate more Bres and don't mind if that falls back. KAV is at the very start of its current news cycle and hoping it will get to 1p at least. But you never know on AIM - anything can, does and will happen. Like He1 has demonstrated.

I've not listened to the interview, but the RNS could/should have been clearer about it whether its two weeks or four weeks in that case. It's might be academic, because I still believe that if they don't report Helium gas shows this week (or by Monday), the rumbles and speculation will start. I also can't see the share price sitting idle for two weeks either! All imo and dyor

"The whole process from spud to completion of logs and initial analyses is expected to take approximately FOUR weeks, AFTER which the Company will make a further announcement."

Key level to watch is 5.9p. Below that and then you're into the gap. Should hold for now, but it all then depends on whether or not they report Helium gas shows imo. Otherwise, a month with no update is a long time. All imo and dyor

Thanks OT - I was thinking that DC would have advised this move, but good to have that confirmed and that they've taken advantage of the situation with the other company.

Added some more. Looking good!

Another one on the move back up after last Friday's RNS and spike action.

RJ - agreed.

Meanwhile, DM is busy buying his better half that house he promised during Tai1😉

KAV is finally on the move. 1p target

Looking good for a push up towards 1p, despite the best efforts of naysayers. Onwards and upwards KAV. GLA

😂

Bahria - I've invested as much as this deserves.

Skippys - it doesn't matter what the RNS states. They have the portable equipment to test Helium gas shows. If they don't reports any Helium gas shows on their way down to TD, then some folk will speculate about why not, and draw negative inferences from it. That's just the way it is. All imo