Member Info for Sundayroast

I think it could drop Monday.
Still cant buy yet its ticking up

Been NT for ages now, MM's out of shares?
Or large buy order going through.

Once news drops people will see the true value of this company

0.55 to buy now. About to tick up I'd say

Got to be anytime now.

Any day now for news. With gold prices so high this will rocket

Everything, and I mean everything points to Iamgold wanting that Dalafin licence assuming they will progress the mine, as mentioned it has rather discretely been upgraded to a development project
Iamgold will deliver a large fanfare over Boto when the FS comes out, there sheer weight of money & time they have spent on the project so far suggests its going to happen
I fully believe ORR will be happy to sell the project, what could their 50% fetch? Its speculative but they sold a similar project in Turkey eventually bagging over £20m and that was for 30%
The cash would enable the new team to acquire some distressed assets as well as shareholders not having to worry about future dilution
It all makes perfect sense, will it happen, I think so.

https://twitter.com/Oilplayer2009/status/1050028743908052992

Buys continuing to come in though.
With such a low MC wont take much to get this flying.

ticking up now, if we finish around 0.55 today/tomorrow it will look very bullish.

Completely agree.
They have already upgraded the status of Boto from advanced exploration to development.
That mine will 100% take place.
Our licence is literally next door and is potentially worth 100's millions.
Even at a huge discount say £20mil ORR will bag multiple times.

Seems to be bottom, lots of buying around that mark.
So much news due, seriously undervalued.
There have been talks about a potential take over from gold giant IAMGOLD
Or buying out our share of the Dalafin licence.
Either one could be worth 10's millions.
With a MC of £3.5mil you do the math.

Market cap: £3.5m Cash: £2.3m cash at the end of June Share price: 0.5 Recent placing at 0.50: Fully funded till atleast June 2019 - Due 2 payments of $500,000 each from Turkey - Expecting to receive a Tax refund of £570,000 - Are owed £1.3m from a partner in West Africa - Substantial reduction in running costs - Have a 30% stake in Thani Stratex who are looking to list on the TSX ipo'ing at $25m. 30% stake would equal £4m. This alone justifies their market cap. NEW EXPERIENCED BOARD Tim Livesey - CEO recently bought £30k at 0.74p, 0.70p and 0.50p - CEO has 6,000,000 share options at 0.90p - CEO's last asset was subject to a $1.4bn bid David Pelham - director of Cora Gold #CORA - previously with #HUM (£100m mcap) - 35 years of exploration experience John Mcgloin - director of Caledonia Mining Corporation #CMCL (£60m mcap) - director of Perseus Mining Limited #PRU (asx) (£200m mcap) - former CEO of Amara Mining which sold for $85m Dalafin License ORR have a JV with IAMGOLD who are a multi billion dollar company on their Dalafin license (in Senegal). IAMGOLD hold the adjoining Licenses besides the Dalafin License. - there they have 4 operating mines with a total of 25m oz of gold - they are covering the costs for the drilling which started in June - IAMGOLD will spend $4m to earn 51% of the license and a further $4m to take their stake to 70%. - Feasibility study to be released by IAMGOLD on their Boto discovery which is a stones throw away from Madina Bafe (of the Dalafin License). Boto already has a resource of 2.5m oz of gold. A decision on building a mine for Boto will be made in Q1 2019 and building it may start in Q2 2019. Drilling results due from Dalafin license may make the mine more economically viable. Other Assets Cameroon assets (recently acquired, drilling to commence soon), 30% Thani Stratex interest (mentioned above), Turkey and other minority investments in Africa.

The chart seems to have levelled off. News due next week. I can see some serious gains now. There is a possibility IAMGOLD will buy our ORR's stake in the mine. Could.be worth 10's of millions. With a MC below £4 mil..... Watch this space

Yes I think it should be next week.
The IAMGOLD feasibility study also soon. That could be a major catalyst.

I guarantee this will be trading over 1p by year end.
The fundamentals are sound.
World class mine, partnered with gold mining giant IAMGOLD
Amazing new BOD
Cash in the bank
Lots of monies owed
Fully funded for a year. NO DILUTION!

Dipped my toe in yesterday after that RNS. The way I see it why would the bond holders agree to such a high conversion rate unless they know that the SP is going to get to that price. There is so much money owed to this company. The timescales indicate that we maybe in for a news rich period. Will only take a couple of positive settlements to put a rocket up the SP

Dipped my toe, looks like this could do 100% today easy.

Jeffry, you obviously don't know what you're talking about. EUZ haven't had the news they are waiting for as yet. The big news they are waiting for is the scoping study. If you had bought them a few months ago you would have been at 100% proffit. We haven't seen those types of gains as yet but they will come as we're completely undervalued. The best time to buy is now before news flow which will be substantial here. I rest my case.

Yep another big delayed buy showing