Member Info for Lngtimeholder

Nice jump up today but still along way to for for our 10p party

:D

as an aside though thought you'd get a laugh outta the fact that someones forgot to adjust for the fact that our shares in pence NOT pounds on the london stock exchange site.

so if you look at it now "trades" for say 1 million shares are showing as a value of 1 million 280 thousand pounds.

:D :D :D :D :D

ah if ONLY !

Bit of a non event IMO .

Bout the only stuff that really matters in it is confirmation CH1 is moving and to me that means slippage on the NT well thats to be remediated after it. the other one was ment to be retasked in march and now it not even had a digger at its site here in july.

im thinking it'll be 2024 before we get gas to market which is par for the course for how this companies panned out on the time scale front.

the only news that really excites me is the 3D analysis . come dec we could be getting a nice surprise on whats ACTUALLY down there. but untill thats out i dont really see anything here to boost the share price to where we think it should be.

agreements are all well and good but mean feck all till theyre actually SIGNED.

Still we got the AGM tomorrow so who knows, maybe theyre keeping something back for that.

The bit that's of interest to us

Suspension of Listing

Ormonde became an AIM Rule 15 cash shell in October 2022 and is therefore required to make an acquisition or acquisitions constituting a reverse takeover ("RTO") under AIM Rule 14 and the Euronext Growth Market rules on, or before, the dates falling six and twelve months respectively from 3 October 2022.

Following Ormonde's acquisition of a 20% interest in Peak Nickel Limited, as announced on 7 February 2023, the Company's ordinary shares have been suspended from trading on AIM and Euronext Growth Market. As Ormonde is a cash shell, the Subscription for shares in TRU is also deemed to be an RTO under AIM Rules and Euronext Growth Rules and as such trading in the Company's shares will remain suspended until an AIM admission document and a Euronext Growth information document are published.

As TRU is already listed in Canada, the Ormonde Board has decided, subject to shareholder approval, to seek to cancel the Company's admission to trading on AIM and Euronext Growth Market as part of the approval process around this Subscription (the "Cancellation"). An announcement setting out the reasons for the proposed Cancellation, the effect of the proposed Cancellation, and a detailed timetable will be released when finalised. A circular will be prepared and sent to shareholders in due course with a notice convening an Extraordinary General Meeting ("EGM") to approve the Subscription and the Cancellation of the Company's shares to trading on AIM and Euronext Growth Market. The Subscription is conditional on shareholder approval and the completion of the Cancellation.

Brendan McMorrow, Chief Executive Officer, commented:

"We are very excited about the geological prospectivity of the Golden Rose Project, and the future opportunities that a combined TRU and Ormonde could uncover. The proposed investment in TRU, if approved, together with the existing investment in Peak Nickel, provide Ormonde's shareholders with exposure to quality and diverse assets across a range of strategic minerals in Tier 1 jurisdictions, thereby positioning the Company for significant value creation in the short-to-medium term."

Enquiries:

Ormonde Mining plc

Brian Timmons, Chairman

Tel: +353 (0)1 801 4184

Vigo Consulting (Investor Relations)

Ben Simons / Charlie Neish

Tel: 44 (0)20 7390 0230

Davy (Nomad, Euronext Growth Listing Sponsor and Broker)

Anthony Farrell

Tel: +353 (0)1 679 6363

About Ormonde Mining

Ormonde is focussed on the evaluation and execution of new opportunities through which the Company can leverage its balance sheet to generate shareholder value whilst placing a strong emphasis on cash preservation.

Currently, Ormonde has a 20% interest in Peak Nickel Limited, a private UK company which is advancing exploration on a potentially significant battery metals project.

Ormonde's shares

Well that was out of the Blue. We're buying into a gold prospect in Canada with the application to AIM and Euronext to be cancelled dependent on a vote from shareholders at an EGM!

Seems to be because TRU is already floated on the Toronto exchange.

Exciting times TBH.

Question of putting your options where your mouth is, and they certainly see 2p in the near future.

wish we'd get an RNS that actually tells us whats going on though.

hopefully thats incoming on the back of this.

Comforting to see that at close of business in order for someone to get over 500k shares they need to pump up the bid to 1.29 a share. anything lower only got tens of thousands of shares instead.

theres an anomaly at 1c a share for 2mill worth (20k val) showing up post trading but the rest seem to imply a nice kick up first thing tomorow. an RNS at 7am would be nice.

Yeah thats SOME jump at close of business. be fun to see tomorrow

so we should get some news come June then from the 3D on the size of our asset.

not too far off.

just on the languishing of the share price ONE element is it'll take INSTITUTIONAL investors to really skyrocket this stock as they have the financial firepower to not buy 20 MIL shares but 20 BILLION if it existed.

and they aint gonna do that cause theyre constrained by LAW on how they act. ill give you an example. during the financial crisis the mexican gov took 10 BILLION outta irish life and permanent. why? cause the share price went below a set level. no other reason, they just HAD to once that happpend. it probably cost em a fortune but thats the way things are.

right now we all KNOW how good an investment is , but these lads cant do JIP till they meet the standards set down for them by either governements or charters.

once AEX can say whats there and what were getting outta the ground and how much its worth - INDISPUTABLY- theyll be in like flint. till then its OUR time to take a punt.

ive got my 2c in here and im happy to wait till all those boxes are checked for the herd to arrive. and hey that could be next year considering our track record with meeting deadliines. but i DO think itll happen relatively soon

Just remember despite sitting on millions the big boys in certain circumstance dont have the freedom we have as individual investors.

Divi is 6.2c a share.

Total distribution is over 380mil with 166mil making up the ordinary divi and the rest a share buy back

Well what a surprise.

I'm actually kinda worried about the ch1 well from that. It sounds like the 3d survey implies it's not that great, hence the dropping of the jussassic exploration.
But on the plus side we're getting gas by October now and as such revenue and it still sounds like the field size could be increased.
So an as expected mixed bag to soften the FURTHER delay of spudding. But a far more welcome "deflection" than I expected. Don't think I'll be getting those shares at 80 now ??

Broke WELL over the 4 euro barrier today on the euronext. €4.13 of a high IMO on the back of the northern Ireland brexit deal.
As I posted before I got in here during covid for a song and the sell price I'm looking for is €5.80 but tbh that was banked against BOI having a high of €7.80 and it'd flew over €10 today heading towards €11 which doesn't make a lick of sense to me (nor the brokers who price it at 7.80 or so).
So we COULD be in for a repeat of that blip way back when where it hit €9 a share.
So I'm feeling very confident ill get me 5.8 within the year and the only concern I have is that I may sell too soon.
Divi info may boost us next.

yeah its feeling like a delay announcement AGAIN on the 1st of march to me.

TBH though im not all that pushed. the real target for me now is all 3 wells up and producing by early '24 so as long as spudding commences before august i'll be happy. actually producing gas again will be massive.

we'll prob get something from the 3d seismic or the gas price negotiations to distract from yet ANOTHER delay.

on the plus side i'll prob pick up that 80k shares i fancy below .90 as day traders bail out. Wed will be a day to watch anyway.

Part of me wonders if that's not the point too. A certain SOMEONE could pick up a rake of shares cheap on the fear of it. And all they gotta do is keep stumm on The info front.

For myself I've been here that long I'll take the risk. It does make me laugh to think about the aul almonty offer of 6 p a share from way back.
I gave out about how low ball an offer that was back then. I'd bite the hand off ya for it now ??

Hi Tanzania.

No I'm only in aex under 5yrs. My handle is from posting on another stock I've been in since 2011 that is finally coming to an end of its journey in March. We'll be either quids in or itll delist and be bust.
I bought in here after a mate asked me to check it out. Poor bastard bought at 10c (euro back when we traded on the iseq too) and was wondering if he ever recoup it.
It looked good long term to me and I got my holdings at an average of 1.3p.

Hopefully I'll get the NEXT divi :)

the only good news we have is that all this interminable waiting is near over .

in two months we'll either have good news and a decent prospect of the stock hitting 3 to 6c or so.

or an absolute collapse as the company delists and we cant GIVE the stock away.

its a damning indictment of the crowd that ran this company for so long , but its where we are. for myself im sticking with it as IMO the reverse take over of dunraven is the deal. its based on NOTHING but what weve all been aware of for years now, but thats what it looks like to me.

in fairness though at this stage my investment here can works just as well as a tax write off now. i dont want that outcome as ive been in this since 2011 or so, but im sitting on an absolute killing from another stock i got when the covid hysteria was at its zenith and the gains there would offset any loss i'd make here on the tax front.

if we miss march thats the third date in a row theyve missed and i wouldnt be surprised if we DID.

but i DO get the sense that the tanz gov want that production as quick as possible and if we really ARE to hit that jan/feb 2024 date for full production then things have got to get a move on soon.

if not chikumbi 1 then work on the other two wells they want remediated .

theres only 28 days in feb so were basically 3 weeks out from getting SOME news. pity we dont have anyone on ground to tell us if a driling rigs turned up in the night or not :D :D :D

fingers crossed though. as del boy used to say, "this time next year we'll be millionaires !"

(hopefully in cash, and not shares :D :D :D )

well there goes my chance of getting this at .0088p
:D
good RNS today and the market seems to love it. itll STILL probably go all over the place on the valuation front till begining of '24 and gas production but right now i reckon its more likely to hit 2p than go sub 1p again.

ah im alright though, im happy with my holding and looking foward to the 10p party down the line.
GLE
:D

Think there's a good chance of topping up sub. 0090p Mark in the next couple of weeks. It's at 92 now and I'm tempted to round up my holdings.

Arrrgh ! missed it by a WEEK.
:D
Ah i dont mind its only about 200 quid off my actual gain. still nice to see it back above 25 again.