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September's AGM will be petitioned by that very motion, should they sit on the funds and tax losses. There's also the agenda of the largest shareholder to consider, who maybe short on cash.
Ormonde management has undertaken to re-invest the funds it secured on exit from the Barruecopardo tungsten project. This process is ongoing, but today’s news indicates that it is also looking at its earlier work on several gold projects in North West Spain. The initial takeaway by management is that it can build on several high-grade gold mineralisation zones already established. A positive gold environment and news flow factor suggest that this is a beneficial development for shareholders.
I'd be happier with just a £200k sale, as they've already lost several shirts on these projects.
Thank God for that, I've heard Advfn are looking for pumpers, try there.
Aw! that's a bit weak, picking posts out of context from another era is not exactly enhancing your nous. Run along little boy.
Yo! Bro! Better get pumping as she's slipping back. Go read some more hedgehog posts, he'll teach you some new tricks.
I'm here to give some balance to the rubbish being posted by you and you ilk. Doesn't take you long to start throwing your rattles out of the pram. Move on.
Should they enter into the wrong deal, you will be locked into a share price half of the current level, as are 100s of LTHs, who are waiting patiently for 1p+. They have a track record of failure, hence the current share price.
He's just hedgehog100 number 4, probably copying his material from the original who starting his rant here, in March. All four Messiahs have pumped the same message and ran out of steam within weeks. So, how long more are you going to preach? Nothing going to happen here until they find a deal or hold and AGM.
They put it all on red .... and won.
You been on the sauce again JD?
All quiet on Euronext today (no trades ... yet)
https://live.euronext.com/en/product/equities/IE00BF0MZF04-XESM
Run this board back to March and you will see at least three other ringleader amigos converted and sprouting exactly the same message. ORR are doing worse than ORM, but you're going to see stars no matter what I say. I'm letting folk know that the other share is the one to buy.
I mentioned the other projects Ormonde have an interest in, to give you an insight into the millions they have squandered. They have no track record of success in any endeavour over a long period of time. Their 'new' directors are from the same background.
Don't forget the two other projects they own or have 48% of, details at http://ormondemining.com/projects/salamanca-and-zamora-gold.
These are the type of project Ormonde's management have bought into,
can't wait to see what's next.
Bongo, page back here and you'll see how to register your interest. To those looking for anything over 1.3p, think again, this management board have not published their salaries or the settlement reached for O'Donoghue to retire. I would expect they are well into the €6m already. We've had four different Messiahs since February , citing what a great punt this looks, most have already sold up. There are too many shares waiting for 1.2p for it to get there, again.
7% of us (shareholders) have registered our interest in proposing a motion at the AGM to wind up the company and issue a final dividend. There's a lot of you MIA.
At best they may stumble into a pot of gold, at worst end up in Africa, chasing shadows. You need to keep emailing them with your disgust in their behaviour, which is inexcusable. Henry even promised a new era of news and communication, what a start.
This is pretty standard for Orm, it has been an illiquid share for years . When news finally comes, the MMs are likely to move it to NT. BTW, what can they be up to, that is taking this long.
It must be really hard to spend £5mil. I'll make it easy, here's a proven one worth £175 mil going
cheap. https://www.proactiveinvestors.co.uk/companies/news/900870/landore-resources-targeting-big-gold-resource-at-bam-900870.html.
You only need excuses to cover incompetence
Thanks for the commitments to following this up. I now have received close to the required 5%. For those of you who want to pursue the motion of selling all assets, issuing a special dividend and winding up the company, please read the posts from gloster on the approach. Email me at orm1pegm@gmail.com if you want to commit.