Member Info for Ortus

Yes RKB I see your posts and I remember you well from my time reading the board, hence my question about any recent activity you may be aware of that may provide some encouragement to us.

It's been a long old slog.

Hello RKB and thanks for dropping in.

May I ask about your words here:
"I believe at some point Bould Opportunities Plc will re-list or re-incarnate".

Would you mind elaborating on your reasons and whether you're basing your thoughts on recent information or activities?

Many thanks

Graham quoted £'s
Equivalent $197M

I think we've factored in all the If's and But's many times and the low end consensus for the SP seems to be 20p or 200M MCAP, which takes into account what ARCM own.

Adds to the likelihood that the AA transaction is getting closer IMO. Don has links to Rio and maybe AA requested this. If so something formal would be on the table to justify his leaving.

IFC would know what they've been told, which would be whatever is deemed appropriate to be released. Which is exactly the info we'd receive directly from BOU if they were to tell us themselves.

Asaynor when did you email him?

If the information is likely to significantly affect share price then yes it should be released. But if waiting for more data in the short term is considered to provide a more accurate update then I imagine this would be considered justifiable.

NvS was probably quoting the usual turnaround time of the lab, they might be busy. Maybe it was a mistake for us to take it so literally when it's obviously out of his control.

Or they might have decided that the next set of core samples will provide a better indication of the area being drilled, which would be a justifiable delay in my opinion.

You do realise you've just given him something to tweet about now......

So checking buys and sells against *actual* spread it was pretty evenly split today 50/50. Not 72% sells as per the LSE algorithm.

Lots of buys showing red on here due to false 7.5% spread. Looks like the spread is really < 2.5%.

We were advised in the investor call that institutions have been in touch and are expected to get involved around £40M MCAP, which is where we are now.
So maybe that explains these buys.

Decent buys towards the end.
Strange we're not blue today.

Whatever it is, it's probably not here :o)

You may be right Iptuf93
Afterall this is all BB speculation.

But I don't think anyone would have expected AA to get involved with us when they did, and likewise under the circumstances I wouldn't be surprised if they take out the license within the 6 month period for a price fitting to what NvS has communicated.

We can only go on what we know, which is ARCM and AA are working together towards a commercial transaction within the 6 month exclusivity period.

Agreed Kullybahia

I know this all depends on how much copper we have, but AA already have detailed knowledge of the area so a successful transaction seems very likely to me, and I believe they won't be messing around with resources worth much less than $400M.
So ~30p to us

15 targets could mean we split the license and keep half for next year's exploration with AA next door waiting.

Tomorrow is another day.
Hopefully one with a stonking RNS.

NvS has constantly pointed out that the strategy is to maximise returns with the right deal and I have faith that he has a good idea how to achieve that.

The story may not end with a single commercial transaction after or within the 6 months. If we have multiple tier 1 assets then maybe we'll get multiple paydays and maybe AA are aligned to this kind of strategy where ARCM continue exploration. Too many options to second guess.

Thanks all.
I got in on Friday so at least one of the reported sells is a buy! Looks off the radar here but I know some shrewd money has found its way to JAN. Looking forward to see how this goes. GLA