Member Info for Pixar

Here’s to FOMO Friday!!! Hoping Bibemi results are with us Monday - it’s going to be an exciting ride one way or another! I’m a LTH so might as well remain positive along the way!

MrP / Font of all knowledge - do we have timescales for the other holes?

Ah ok, so if they don’t spend the extra money it will be 51% and if they do they’ll get 70% - that right?

Jdough - Not completely sure but has their earn in changed from 70% to 51% interest in the project?? Could be completely wrong but wouldn’t that mean Orr gets mOrr????

Oriole Resources PLC (AIM: ORR), the AIM-quoted exploration company focussed on West Africa, is pleased to provide an update on its Senala project ('Senala' or the 'Project') in Senegal, where joint venture partner IAMGOLD Corporation ('IAMGOLD') has the option to spend up to US$8 million to earn a 70 per cent. interest (announcement dated 1 March 2018).

Further to its announcement on 11 March 2021, the Company is pleased to report that an agreement has been reached with IAMGOLD in respect of carrying forward an underspend of US$172,000 into Year 4. As a result, and as per the terms of the Option Agreement, IAMGOLD has proposed a programme of expenditure that will cover the shortfall and meet the Year 4 commitment of US$1.5 million before 28 February 2022. Completion of the funding will see them earn the option to acquire a 51% interest in the Project.

Pretty good update RNS on Thani Stratex Djibouti Exploration too!!!!! Happy to have two good RNS updates everyday!

It’s letting me know, but wasn’t before. I just wondered why it happens?

Yep I can’t buy any on HL - live quote unavailable??

http://www.share-talk.co.uk/announcements/rns/oriole-resources-plc/investment-update-on-thani-stratex-resources/202103160700073234S

In 2018...

Best results include 135.4 g/t Au, 119.7 g/t Au, 117.2 g/t Au and 107.2 g/t Au, with 16 samples returning >10 g/t Au and 43 samples assaying >1 g/t Au.

From an old RNS but we need to think of why we invested. If Bibemi comes good Q1/Q2 it could help stabilise SP. Look at those historic grades!

In Cameroon, the Company anticipates first results from its maiden diamond drilling programme at the Bibemi project ('Bibemi') later this quarter and into Q2 (announcement dated 15 December 2020). The total planned programme now stands at 28 holes for 3,080m and will focus on testing the depth extension of surface gold mineralisation identified at four main prospects - Bakassi Zone 1, Bakassi Zone 2, Lawa West and Lawa East - that occur over an 8.3-kilometre-long system. Best results from the work completed to date include up to 135.40 g/t Au from selective rock-chip sampling (announcement dated 27 November 2018) and 9m grading 3.14 g/t Au from trench sampling (announcement dated 21 May 2019). Completion of the drilling programme at Bibemi is expected to see Oriole satisfy the conditions for the Company to earn a 90% interest in Bibemi and the nearby Wapouzé project ('Wapouzé').

I’m getting far too good at buying on a high and selling in a dip haha! So I’m going to try and hold this one or maybe buy more - ‘be greedy when others are fearful’ etc...

Fingers crossed the BOD come good!

They’ve put some messages on their Twitter feed to address the RNS...

https://mobile.twitter.com/OrioleResources

Not exactly what I was expecting. IAMGOLD options agreement underspend and they are wanting roll over work. Plus, grades aren’t as exciting as those from Fare. Happy (and hopeful) to hear what others think

https://www.londonstockexchange.com/news-article/ORR/senala-air-core-drilling-results/14895755

It mentions Boto Gold in Senegal in table 3

Well I’ve just tried to buy a few more this morning and HL isn’t letting me ??
So many shares but none to buy?