Member Info for MisterPositive

£70m a year just from AIHL and current MCap circa £10m only ????

Combined potential annual sales just from Stroke tests and AIHL around £200m.

MCap simply cannot stay low forever. IMHO.

Bighammer

..."as we have been told on a conservative front by the BOD the sales for AIHL is £70m per annum, the stroke test will be double that"...

I like this. Also like that AIHL with no competition should prove to be very lucrative.

think its an excellent entry point. Company at much more advanced stage now than 2020 when we had this spike to 168p.

Stephen11
Great summary.

GDR in much better position now compared to when it spiked higher to 168 pence in 2020.

Lot of upside from here, now that things are more advanced and GDR targeting lucrative markets worldwide worth millions $$$ $$ via its established distribution partners network.

Gold futures at $1853.10 now Up +$27

Gold this year expected to go past previous high.

Loving the timing of our first JORC reported with more Ounces to be added to Bibemi JORC.

ORR management owns around 4.12%

Taking shares in lieu of salaries is the biggest clue where they expect share price to go in 2023 and beyond. Salary does not multi-bag but shares do.

With potential multiple "Multi-million" oz deposits...no brainer Directors taking shares instead of salary.

HAPPY NEW YEAR ALL.

To a very prosperous and healthy 2023 for all holders.

Beardozer
Calm down pal. There were only 30 trades today. If you click on the Trades tab above you can see the movements today.

Obviously there were both Buys and Sells.
sells in the morning were around 0.16 mark
some buys in the morning at 16.25 and 16.35 were printed also as Sells due to wide spread coz few of them were my top up.

If you got over 3m shares here, then you should do very well coz i agree this could go same way as GGP or even better.

1m Buy @ 0.19 printed at 12:37 today after close.

That is interesting. Given it was fairly quite day but price was ticking Upwards with every Buy . MMs were trying to grab stock today. Sit tight.

Going to get very busy on news flow from both Bibemi and Central Cameroon.

Lot of buys this morning showing as Sell. Both my top ups and the wife showed up as Sell.

MMs been trying to collect stock by the looks.

Dont think MMs got much stock. Moves up quick.
Bit of buying pressure needed en route to having another crack at 0.20 which should come soon.

Stock clearly in an uptrend looking to breakout hitting 0.1815 early on today in the morning.

Touched 0.2380 about 2 weeks ago before profit taking kicked in. Another crack at 0.24 - 0.25 up next as we enter a very busy Q1 with news updates from all projects providing multiple price moving catalysts. GLA holders.

News could come from any project.
Teams on the ground at both Bibemi and CLP.
Additional JORC update from Bibemi.

Assay results from 495 samples also due in Q1.

EIA approval for Turkey asset also due anytime.

Take your pick.

Wife finally opened her own ISA account to build a second ORR position.

Been pushing her to accumulate before Q1 coz from January you could be paying lot higher.

Thanks Kutzz. With so much action at Bibemi and CLP licences in Cameroon happening, i forgot that 155,000 oz JORC at Senala was under ORR. IAMGOLD results NOT added to revised JORC. Oriole 49% share of lets say 400k - 500k at Senala would be quite substantial.

Back to Cameroon where Oriole think we could potentially be sitting on multiple "Multi-million" oz deposits.....oh yes please !!!

More JORC resource updates to come from Bibemi plus the assay results from 495 samples from previous field season not reported so far.

Get your cheap tickets now before they gone.

I stick by my 1.5 - 1.6 pence target by end of Q1 or before that.

First JORC resource of 305,000 oz reported from Bibemi. Another 148,000 oz to be added later.

If i am not mistaken, JORC resource reported from Fare (Senala) to date is around 155,000 oz. That is another 76,000 oz net to Oriole for its 49% share.

With around 529,000 oz of Gold, MCap simply cannot stay around £4m forever ???

Cash balance of £1m with another 430k from Tax credits coming in Q1, current price is a STEAL.

Traders will probably trade it back to 0.24 and higher this time with news incoming on multiple fronts.

Higher highs - higher lows moving this in higher price bracket. MCap should be lot higher than a lousy £4m.

We also waiting for lab assay results from 495 samples from previous field season from Cameroon.

Agree. Latest IAMGOLD and Managem $282m deal is very interesting regards future of Senala to find out how much of the $282m is ascribed to 51% Senala option. We can use that as proxy for 49% share of Oriole.

Given Managem is focused on Africa and in acquisitive mode, it would make perfect sense for them to acquire 100% of Senala.

Most of us expected a little pull back from 0.24 but drop to 0.15 is just ridiculous.

Company just announced higher than expected first JORC at an excellent 2.19 g/t grade.

More resource updates coming in Q1 from other 3 zones also. We not even finished at Bakassi-1 as mineralisation is still Open at depth and along strike.

Expect a strong bounce from here.
Still at a ridiculous £4m MCap ??? How !!!!

Yes. Bit frustrating. Could the MMs be working on another big Buy order like the 20m yesterday before letting it go.

Trend is up here and trend is your friend.

We raised £5.36 million already. So in a good position now for a strong re-rate in Q1. Cheap shares wont be around for much longer.

I found the 0.775 net "Risked" valuation to be very conservative.

This was first Upward revision from Allenby. Would expect a further revision Upwards again in 2023 as activity gets fast tracked at both Dunrobin and Chuditch.