Member Info for Ortus

I strongly suspect significant news next week and more than just a drill commencement update. Maybe news on major involvement or something about upgrading production of own ore out of Kalaba. Maybe something sulphide related too. Who knows, but something's brewing.

Yes same with me on HL
Still showing in ISA

I'm keeping quiet maybe they haven't realised, shhhh

Zambia covid stats are comparably good apparently and I think any delays from this would have been announced since it's an easy and understandable explanation.

Maybe we're underestimating the effort needed to set up 3 new target areas for drilling.

I have learned that the FQM story after 8 holes is exaggerated. More work took place than this.

However that doesn't mean that some kind of major involvement isn't happening for us right now. If it is, then I expect it to be something that protects potential future returns and not give too much away too early.

I don't think they're all sells.

But I'm perplexed with the lack of news.
I appreciate it takes a while to prepare for drilling. Preparing the land, road access, camp, equipment etc but even this could be announced or tweeted.

Of course we know that majors have stepped in with acquisition deals before soon after fund raises. So maybe no news is very very good news.

I was thinking the same.
IF TILS is the target (IF) then the BOU BoD may only have been able to do so much. Updates have still been very poor though regardless.

Only £5,662 worth of buys yesterday so not exactly a popular option right now. BoD need to be giving people a reason to invest to get this moving.

KEvB / Trisse has been talking about significant South American investment coming in to ARCM. Tweeted about it again just now that they have taken a decent amount. Large positions being built by new LTH's.

Well you may be shot down again if it turns out to be a different target. Such is life on BB's. Best not to take it personally.

I'm sure the majority appreciate you bringing something interesting to the board.

So my take on this is:

It is easier for a cash shell to list on the main market under more simple terms since it has no trading activity i.e. doesn't require an IPO.
Weeks.

It is more difficult for a trading company to list on the main market due to expense, time and red tape involved in an IPO.
Months / years.

So then, it seems that BOU's challenge was to be seen as the right choice for the larger company to reverse into, so we're then looking at the people involved i.e. Allan Syms, and maybe other contacts that he could introduce to the project to convince the target to work together.

JP

I'm sure you know this and have maybe posted about it...? But have you seen the TILS RNS from January about proposed cancellation from AIM?

Ok my prediction
We're a few weeks away from the reveal, which will include a NASDAQ listing.
GLA

Thanks for the reply neilin62

If it was intentional to delist from AIM they should communicate this to us all so we know 'the plan'. We'd certainly feel more at ease knowing these details, which we deserve.

I wonder why AIM is best avoided? Maybe certain AIM rules aren't compatible with the new business model (assuming there is one).

I don't know why BOU was allowed to delist from AIM but the fact they did makes it seem like they're further away from facilitating TILS goals of getting this tech onto an exchange.

If it was accidental as suggested by some, then again TILS will surely take this mismanagement as a negative and a risk to their / their shareholders future interests in the new business from a BoD confidence point of view, especially when an extension was available.

The question is why would TILS want from BOU?
I doubt they have the cash needed to buy the tech.
What can they offer?

I'm not saying this isn't a valid link (it would be awesome), I'm just saying I can't see the logic and I'm open to be educated on this.

Surely news next week and the start of the SP surge into summer. The dust has settled from recent activity with licenses, placement, pension funds and directors options. It's time to let it go now.

Added again today in anticipation for a good week ahead.

GLA

Big sells tend to be followed by cluster of buys amounting to a similar value and then another sell is triggered and it repeats. This pattern looks strategic.

Looking at the trades today it seems to me that the MM's are really using the spread to their advantage. I wonder if the placement shares are now churned and maybe there's not a great deal available.

Looks hard to buy atm expecting a decent move soon.

I had the same thought about Solar2food but decided not to post speculation since we seem to agree on here that it's best not to at this sensitive stage. Plus, we've been told about a biotech target, so that's it until further notice.

CC
Is this new information?
More backing has been requested from certain individuals to push the RTO forward?
If so some details of the target must have been communicated to help persuade?

For those wondering why Antos bought Photonstar go to his website solar2food dot com and look under the LED section.