Member Info for Slalom1

The company has performed poorly for a long time. Investors had expected to cash in from the tungsten mine following years of good company PR, only to receive an exit strategy. We do not know the salaries and pension awards for director retirements (2) and recent hires (2). Overall, I would see the share price hover at current levels until time or news moves it.

Yes, it went to 1.1 for a few minutes, which let me get rid of a few. One of the main problems with this share is its lack of liquidity in the three exchanges it is quoted on (Dublin particularly bad) . Today was a good opportunity to sell a few, hopefully tomorrow will see more buyers, but I doubt it based on its current market cap.

Best price paid today was 1p, which lasted all of one trade

Think you painting this way better than it is, current valuation just over €5 mil. Think you are going to struggle to get past 1p as there are a lot of us waiting to sell.

Yep, hope ye gave them another round of applause, couldn't make it up. Just another push to 1p and I'm out.

Keith,
Hopefully yourself and T will be able to roast them tomorrow. I can't make it, but expect a lot of LTHs and the press to attend and slam them.

Think you're reading too much into their circular, do you expect them to not get the €6m should we vote NO? Not a chance. They will get the €6m whatever way we vote, I'm just suggesting giving them a wake up call for the EGM and even get them to go back to the hedge fund for more money.

No confidence in this management team of two to do anything but shrink the JV buyout. Vote them down and make then give it up and pay us.

Yes, its an equal opportunity for you to sell up and sod off

I do not trust these people to run my investment, which is the reason I am voting against the company and asking them to sell all assets, wind up the company and issue a cash per share final dividend payment to shareholders.

It will not be a rollover as there should be enough of us to roast them on 13th and throw out their ridiculous motions. Please use your vote and reject the new Chair and their plan to go gold mining. This is something my kids would cook up to keep their pocket money.

The board have issued scare tactics about this in the circular, I would suggest another resolution is presented, the 'T' proposal at the EGM. Which closes the company, with minimum compensation to the board and auctions the asset in a timely manner.

They are proposing a new chairman and development of the gold mine asset. Its in the circular at ormondemining.com.

Yes, he's actually right this time! I will also be voting against the deal as I have no confidence in the board to productively use the funds. Sell the assets and close the company.

It would seem that the myriad of failures here, are all down to Orm's ex employee Steve Nicholl, who has been running the mine for the past three years. I will be voting for the board to resign, the selling of all assets and complete closure. It would be a good time for someone from Proactive to put a microphone in front of Nicholl, who cannot be left in his current role.

I'd think the camouflage netting has been deployed to screen the 0000s of white bags of ore from above. News on our first sale should not be far away so I'm hopeful that it will be coupled with another 10% rise in WO3. Seems that misinformation is rife on Saloro with every second scribbler viewing the arranged 10m funding as a problem. Do the math on 12 months revenue @ $250 a ton.

Dung is invariably way off every time it posts, never quotes links or facts, just bs.
It is just full of poison, ignore it, is the best option.

Here's some good news, reported on https://live.euronext.com/en/product/equities/IE00BF0MZF04-XESM and Davy.ie. Just another reason to get off the ISEQ as there is no volume and appears to be a glitch.

Yes, once the price for T climbs to $250+, it would be welcome

Not 100% sure on this TM, think Davy as their Broker would be best placed to look at this, both current exchanges have poor liquidity and lock us all in.