Member Info for MisterPositive

All placing shares flushed out now.
We all buying from Mr Market.

Lovely to see Directors increasing their Holdings also via salary conversion now at 4.13%

Salary cannot 10 bag OR 30 bag. Shares can.

No brainer. That confirms their confidence in what they have seen so far. First JORC reported just scratched the surface of whats to come.

Was around 0.39 in Dec 2020, before exploding higher in Jan and Feb 2021 hitting 1.95 pence.

I see similar pattern developing again with further price appreciation this month ahead of Q1.

This time the rally should be backed by the ever growing Gold resource after recent JORC news.

Bibemi sits to the north of Central Licence where they also seen same geology and soil anomaly as seen at Bibemi. Multiple strike lengths of over 3km - 4km with largest one 12.5km x 3km at CLP

Market just waking up how undervalued ORR is.
With Multi-million Oz deposits in the making our nearest Competitor Chesser Resources is valued at 10 x times with less resource than ORR. We should be close to £25m - £30m range with a growing resource just reported and growing at pretty strong 2.19 g/t overall grade.

Agree. 10 x bagger in pole position.

Have pencilled in 1.5p by end of Q1 or before.

Wait for new breed of investors coming in here soon as we start to motor towards 0.20- 0.25

Hahaha
Yes twib. She is mrs positive. She is happy to increase her position to even 15m here as long as i promise to stay invested for next 3 year timeframe. She believes in buying low and staying invested for few years especially if you done your own solid research. I agree with her Investment thesis especially when ORR is on the cusp of breakout to the upside still at the lows.

First target would be the 1.95p hit in Feb 2021.
History repeats itself....oh yes it does.

We traded well over +1.3 billion shares in past few weeks. Placing shares all gone.

My wife taken 5m position here so far. Still trying to convince her to get to 10m here while still at the lows coz 2023 could give you a hefty return during this Exploration and Discovery phase. Her eyes popped out when i showed her GGP price explosion during their Exploration and discovery phase at Havieron. I can see ORR going same way or even better given we got more than "Multi-million" oz deposits in the making.

Company seems pretty confident that from resource and grades reported so far in Cameroon, we looking at potentially more than one "Multi-million oz" deposits.

At only £3m MCap, ORR has got to be cheapest Gold explorer around with the Biggest Upside by far.

Another 148,000 ounces will be added to 305,000 just reported taking it to over 450,000 just from Bakassi-1 open at depth and along strike.

Bakassi-2 / Lawa East / Lawa West are next.

They also working through the Central License 12.5km zone with Gold mineralisation. They just raised funds for all 2023 work programme.

I will not be surprised if CEO been having background discussions with Barrick given he his ex-Barrick.

Company believes we got Multi-million ounce deposit at Bibemi as mentioned in his interview. Barrick must have also taken note of this ORR being the "Go To" company when it comes to Cameroon.

Gold majors like Barrick / Newmont always looking out for that next Big multi-million Oz Deposit.

Dimensions of that 12.5km x 3km zone in Central Licence is even bigger than Kalgoorlie (Super pit) that Barrick and Newmont jointly owned.

Legalwolf.
They are fully funded for 2023 work programme.
Additional circa £450,000 to come in further from R&D Tax credits. So plenty of funds at hand.

Early sale of Royalty income stream could bring in Additional $3m approx or more.

Melville1
Would respectfully disagree. GGP massive rise came during Exploration phase as they added more ounces at Havieron as a result attracted NewCrest to come in.

If you look at the life cycle,bulk of the share appreciation happens during Exploration and discovery phase, not mine development. GGP has already had their gains.

ORR is on the cusp of the start of that discovery phase. Massive Upside ahead and we are still at the lows but not for long. Traders took their 10%-20% gains. But the real value appreciation is right ahead with 2023 shaping up to be a huge year for ORR as we keep adding to our Gold ounces and further discoveries in Cameroon.

I said yesterday, ORR potentially looking at 2 (not 1) Multi-million ounce Gold deposits at both Bibemi and Central Cameroon licence with mineralisation spread across 12.5km X 3km area. That is a MONSTER deposit.

GGP was at 0.14 (June 2015)
Peaked at 40p in 2021.
Staggering +28,471% increase in 6 years.

Can see ORR going same way. Cameroon is a monster deposit. Excellent results so far. More to come

Suggests ORR is now in Break Out territory.

With drilling activity picking up both at Bibemi and CLP, expect lot more resource upgrades and drill results throughout 2023.

Any way you look at it.

We now got growing resource to add to our Assets on Balance sheet.

Current MCap is not even close to Asset values.

Gold Feb 23 now @ $1830

Bibemi JORC of 305,000 oz reported.
Another 148,000 oz to be added to 305,000.
JORC 155,000 oz (from FARE).

MCap £3.8m ???
With £1m of CASH plus another c £450k to come in Q1 from r&d tax credits.

Valuation of approx $8 / oz is just ridiculous !!!

We now got lot to look forward to from Bibemi and Central licence with new field season underway and boots on ground already.

Company strongly believes Bibemi shaping up to be a "Multi-million ounce deposit".

Mineralisation open at depth and along strike.
Other 3 zones still to come in Q1.

Central Cameroon licence
12.5km by 3km Mineralisation to be tapped next.

We potentially sitting on 2 (not 1) Multi-million oz Gold deposits.

Lithium presence on top adds a new dimension on top of the Multi-million Gold deposits.

MCap should be at multiples of £4m

Company feels extremely confident that Bibemi is looking like a "Multi-million" ounce deposit.

Central Cameroon license is on top and has its own Massive Upside from what they seen so far.

MCap not going to stay low at c £4m for long.

Resource from Bakassi-1 could increase substantially as mineralisation is open at Depth and along strike.

Bakassi-2/ Lawa East / Lawa West all 3 zones are within a km of each other along strike length. Most likely all connected forming one giant deposit.

They tapping into that 12.5km X 3km Gold mineralisation zone next.

No wonder Tim Livesey said, ORR would become the "Go To" company for any bigger players looking to enter Cameroon - NEW GOLD DISTRICT

PortfolioPower
Monday 20:10 post - highy recommended.

Eloquently presented. I think many here would tend to agree - Cameroon is Africa's untapped NEW GOLD PROVINCE and ORR is in pole position.

Our Cameroon land package seems highly prospective and highly attractive for either of the World no. 1 and no. 2 Gold majors to move in.

Can run up to re-test 0.46 (this year high).

Lot more to come here.

Cameroon is a monster deposit. ORR could over the coming years go same way as GGP.

GGP was only at 0.14 in June 2015.
Peaked around 40p in Feb 2021.
Staggering +28,471% increase over 6 years.

ORR has 90% of potentially very appealing licence package in Cameroon with "First Mover" advantage.

Very impressed with the quality of Grades and ounces reported so far. We also about to tap into the 12.5 km x 3 km Gold mineralisation zone also.

ORR is a must own stock in any Portfolio in my opinion. This single company can turn around your fortunes for good.

Sometimes there is a delayed market reaction in coming days once full potential of news sinks in.
GLA.