Member Info for MisterPositive

Looks like someone just did a copy and paste job of old text from few years ago and put 29 Nov 22 date on top....thats crazy !!!

Anyone can post anything on twitter !!!

Soon after the 2.5m Buy @ 0.1244 ask price jumped to 0.1265 for a small Qty.

Suggests to me placing shares been flushed out.

As per Yahoo finance over half Billion shares traded just over last 2 days:

28 Nov.....297 million
29 Nov.....224 million

We might get TR-1 soon.

Someone building a position here i think.

Dont blame them, given how significantly undervalued ORR is currently in comparison to its peers at only £3m MCap yet with biggest upside from Cameroon Gold licences and potentially Lithium also.

Due to end of month work deadlines, i will not be able to go to Islington for in person meeting today. There is also Online meetings available on 1st December.

350 million traded over ladt 2 days. Placing shares should be all flushed through by now.

EIA approval for Turkey asset also to come in anytime which would clear the way for the sale of their royalty business generating another £2.5m - £3m cash for ORR. With £1m cash in bank currently, ORR looking to gain significant momentum in coming weeks and months.

LITHIUM - was the new addition in todays RNS for me. Rest more or less we knew.

Bibemi - we know is looking very good, with work starting on other 3 zones also after Bakassi-1 showing 290,000- 440,000 oz of Gold with mineralisation open at depth and horizontaly.

They only drilled upto 200 metres depth. With mineralisation open at depth, wonder how deep does it go.

Central Cameroon licences are split into Eastern CLP and Western CLP licences.

ORR is currently working on Eastern CLP blocks. Western licences we not even looked at yet. Land access issues for Western licences should be sorteed by the time we finished with the Eastern CLP licences.

Mbe, Ndom and Gamboukou are the 3 licences in Eastern CLP and by the looks both Ndom and Gamboukou look prospective for Lithium also.

We could be looking at another hidden gem here on top of the 12.5km Gold mineralisation.

"A further licence, Gamboukou, immediately to the south of Ndom, has recently been secured by the Company for the exploration of gold, lithium and other elements and initial studies are underway".

Both Ndom and Mbe licences look very tasty in Central Cameroon.

"Mapping and rock-chip sampling is currently under way at Mbe, one of five licences within the Eastern CLP block, where soil sampling to date has identified a c.12.5km long by 3km wide gold-mineralised corridor (announcement dated 17 August 2022). "

"At the Eastern CLP licences, stream and soil sampling has already identified significant gold anomalism and this field season will be focused on targeting the source of that anomalism through mapping, sampling and geophysics. The further identification of anomalies in other commodities, such as lithium, offers the potential for value addition through diversified exploration or future partnerships with commodity-specific groups".

Last line...commodity specific groups...
Are they hinting at JV partner for Cameroon?

MMs looking to collect.

Buys showing as sells....straight out of the gate
Lol.

they found Lithium also.

Gold, Lithium and other valuable commodities.

Cameroon upside looking even bigger than originally thought. Massive re-rate coming up here from the current measly £3.5m MCap.

Primed to take off. Last orders...for any cheap shares.

Volume today a whopping 297 million on Yahoo finance.

This could be sitting in 0.40 bracket in coming weeks.

At only £10m MCap this would be 0.36

This is significantly Undervalued

Trying to convince my wife also to get 10m position here now while still at the lows before it takes off.

FiveCandles.
Agree. ORR is primed to take off with news due anytime. Folks who were here back in early 2021 know how quickly this moved to 1p then 1.50p and then 1.94p from 0.25 level.

This is way OVERSOLD.

Portfolio Power
Excellent write up. Fully agree with your analysis.

Cameroon emerging as a hidden gem largely underexplored in the past until ORR made their entry as first mover. Tim Livesey knows Cameroon pretty well and is systematically proving up the highly prospective Gold deposit. I know its been frustrating past 12-18 months but things could change here dramatically to the Upside having lagged behind its peers.

Super excited here. Over time ORR could potentially turn out to be 50- 100 bagger if Bibemi turns out to be a large open pit deposit. They not even looked at "Wapouze" prospect yet.

Central License Package (CLP) could potentially turn out to be a monster deposit, may be even bigger than Australia's SUPER-PIT gold mine.

Superpit (Kalgoorlie) is a collection of multiple smaller gold deposits consolidated into one giant deposit.

Nice one. I like the comparison to CORA and COBRA Mcaps vs ORR.

ORR been way OVERSOLD. We now got cash with potentially another few million £££s cash to come from the sale of Turkey royalty business soon as EIA approval comes in which could be anytime.

Think we already got more Gold oz from Bakassi-1 just 1 of 4 zones at Bibemi than what we got so far from Senala (Fare deposit) operated by IAMGOLD.

Cameroon is looking very tasty indeed and potentially lot bigger than originally thought with mineralisation open at Depth and along strike.

Mineralisation along 12.km strike length is massive. If ORR management play their cards right and prove even more Gold oz then they can lure in Barrick or Newmont or B2 Gold etc.

ORR could emulate GGP all over again where millionaires were made on the back of Havieron success attracting NewCrest to come in.

Biggest upside comes during Exploration period not development of Gold mine. I see MASSIVE upside for ORR from current lows and next 3-6 months could be very interesting here

With News incoming on both Turkey and Bibemi MRE anytime now this could really take Off.

From current lows.

This should rocket sooner or later without any doubt in my mind. Just a case of when not if.

MRE update on Cameroon and EIA approval for Turkey asset due anytime. Any one of these RNS could provide that trigger to put ORR back on investor radar.

EIA news alone should push this in 0.20-0.25 price bracket.

Mineralisation spread over 12 km strike length is very promising. What is most appealing to me is that Mineralisation starts from close to surface and still open at depth. If i remember correctly they only drilled up to 200 metres depth. How deep does the mineralisation extend to - who knows. They might come back to those drill holes to measure exact depth of gold mineralisation.

Both elements - large strike length & mineralisation starting from close to surface point to a very large open pit mine something very attractive to any Gold Major as these can be extremely profitable mining operation.