Member Info for PAD004

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!

I suspect these PMEs are a symptom of quite a few trades going off book, my buy trades included. Keeping the faith and not selling my beans.

Orchestrated delay to lower the SP? Just a thought and I am sure that would never happen to allow shares to be issued at a lower price....assuming shareholder approval. I won't say how many shares I have or what percentage of the company now although prepared to vote it down if I think this has been orchestrated. Its hard earned money but enough years in me to make it back. The alternative is to look to take inspiration from what happened at VAL.

Just my multivitamins! I am not expecting news this week as today was my cut off point which I thought there might be news before Easter. I suspect this will be able to bought in low 1.40s this week and into next. Bought a few today and as usual one not showing at 1.485. Will add significantly if this dips much further.

I agree Barney and meant no offence. I am down 40k and it does hurt although I am optimistic.

The main shareholder has a significant interest here and I am absolutely sure he would not want to see this go down the toilet.

Auto correct while sitting outside on a lovely spring day....moaning....

What is all the maonong about? I just see an opportunity to buy. The imminent RNS will reveal everything one way or another. Its starting to get exciting!

Interesting stuff. Have a look at LSE trades today:
https://www.londonstockexchange.com/stock/ORM/ormonde-mining-plc/trade-recap

The trade sell for 11.75k was cancelled alongside the smaller one for just over 3k. The plot thickens......

Thanks Barney for these insights. Most appreciated. Hopefully a better week next week for the SP.

Is anybody having trouble buying in any volume? I bought twice just before 10.30. Could not buy anything over £1450 on AJ Bell. Cannot buy anymore unless for £100 or less.

Perhaps I should have reworded the part with 'want shares'. More accurately they don't want to give away any more shares in the 1.50s.

There is a reason why the spread is so high----the MMs need shares. I was buying in the 1.50s yesterday and again and as normal these are not showing. All is not what it seems and the high spread is one obvious indicator of this. The price monitoring RNS's with no to little trades is another indicator as are the times when trades have been switched off (earlier in March and again, last Friday pm) and lastly the buy trades people are making which are not showing up.