I would hope anyone placing their hard earned money into any company would have done their due diligence including investor presentations, reports, rns’c etc. eyes wide open. Risk vs reward. Simple and never press the button on that which you cannot get a good nights sleep on.
This could go up my many multiples. My issue is when which we do not know....
Let's ve realistic. Time will tell. It could take some time....definitely hold.
Super news....... Good stuff.....
Anderson-let me know which way you are voting somehow and you will have my vote. I wrote to ORM about 4 months ago quoting a certain percentage of my stake. A nothing response just before the drop from 1.5s It's considerably higher now and a substantial stake.
Agree with the comments. Did my own research a while ago on the drill results in the Congo. If it was such a hot deal it would have been snapped up by others.
FWIW-I put in a large buy yesterday before 9am. Never showed up (anywhere). I wonder how many others there have been?
What I like about this company is the majority stake by Anderson, money in the bank, assets that have value, migration completed and all in all, interesting times ahead for ORM. What I do not like about this company-the lack of BoD engagement with investors, the repeated claims of shareholder value being their goal with zero results on this front. Time for a shakeup imo.
It's not a lost cause, far from it. Migration complete which is a huge plus (and it still dropped). Money in the bank, assets that can be sold etc.
Yes, well overplayed but that's AIM. This is a firm hold/ buying opportunity. The trick is knowing where the bottom is though....
Mad to sell at these levels and indeed looking at the low volume others think the same.
If the BoD are serious they will buy shares now. Otherwise, they deserve to go for poor performance in consistently not delivering shareholder value.
Agreed. I was in AMGO for 6 months and saw it go from just under 10p to 5.5p inn a few days and then up to 19p. That's AIM for you and I am not selling anytime soon.
I was just writing when your post popped up Barney. Thanks....
If it was me, i would sell La Zarza. What intrigues me is the 'alternative strategies' part to the RNS. Given the cash on hand and potential to offset tax there could be some interesting permutations, most of which I am not aware of!!!
At least, that's my thinking!