Member Info for Ortus

Suggest you pop over to Bould's website to have a read of the prospectus for our pending admission to the main market.

Page 24 of the prospectus summarises the admission and placing statistics. Issue price is 10p.

Maybe some are waiting for more visibility on the drill program.

Does anyone have any details on the 149 historic cores that were planned to be re-logged? I imagine we can expect the results of these before hearing news about drilling?

Yes it's possible Ella10 if you have the license numbers as they are sometimes published.

I've just voted in favour via my HL online account.
I had options to vote in both my SIPP and my fund & share account, so actioned both. Worth checking if shares are held in more than one account.

Ztr666 go on the screen where all your shares are listed. On BOU's row you'll see a dark blue icon with a tick under the Actions column to the right.

I think we were around £22M MCAP when NvS spoke about 10 or 20 bags (zero not an option IMO).

Maybe he'd have gone higher if considering an AA deal. Plus additional major offers. Plus multiple tier 1's. Plus free cash flow from processing plant. Plus copper price.

I imagine BOU's most significant shareholder will vote yes. Anyone think otherwise?

And I wonder if he'll take up this:
"7,603,432 shares which may be allotted on Admission to Antos Glogowski should the warrants, as further described
at paragraph 12.1.1 of Part VII, be exercised on Admission"

I understand the principle of CGT. Remember we can't use losses for shares we originally bought in an ISA.

I'm asking about how the new shares are classified in terms of value if they were removed from an ISA at 0.02p each and then become relisted at 5p (equivalent of 0.01p). I'm hoping (expect) that the value of the cancelled shares of 0.02p apply.

If we've had shares shifted out of our ISA's and now they are worth 5p, if we then open at 10p does that mean that we have an instant hit against our CGT allowance?

Lovelyboy / anyone else

Are you aware of possible reasons why the relisted shares may not be allowed in a SIPP? The shares I have in my SIPP are still there (unlike the ones that were in my ISA) and I thought it was a given for an LSE main market listing?

Thanks for sharing. My HL account is active so no worries there. I think a call nearer the time would be a good idea to make sure they definitely flick the switch on BOU. Although not intending to sell its always worth having the option for a top slice at 10 bags on day one ;o)

Looks like it Marco maybe a tad earlier. Completing end of June though? Seems odd but I've not read the details. I assume more will follow?

I think you're right about a share consolidation.
Warrants for us would be nice!
Placing maybe depends on the cash position of the target, unless our BoD have offered a fundraise as an incentive to RTO though BOU. There's likely to be some institution investment lined up perhaps?

JHolder
I expect the prospectus will answer that type of question amongst others, since it's the document that we'll be expected to base our vote upon.

Weather report has been looking good recently and looks dry over the next 10 days too. DCat posted on Twitter that Rio are currently gearing up to kick off drilling in Solwezi which is close enough to compare weather wise I imagine.

Fantastic summary thank you DCat. In for the long term here.

Maybe whoever bought £95.58K worth today thinks news is imminent. Popped up after hours.

I guess further AA exclusivity may be possible but I'd like to think it would be conditional first on AA committing to an initial stake / transaction. They've been given a year. Quid pro quo. Over to you AA.

I've been keeping an eye on Sustineri but haven't found much. My best guess is something to do with Fodere Group who NvS is involved with, and who have a 'sustainable' method of zero waste extraction. From there website:

"Turning liabilities into assets using environmentally friendly and innovative techniques in the extraction of titanium, vanadium and iron from low grade ores or tailings material"

Very interesting stuff.

Yes agreed this is one to buy, add and hold in readiness for many multiples of today's price.
Looking forward to news!