RE: News...........9 May 2025 07:04
RLLO99, they do read the chat boards, and they do answer direct emails and queries through the website and have (so I understand ) even met with some larger stock holders.
There are two issues here, one of which you have highlighted - the communication could be improved.
However, perhaps the bigger issue is the lack of progress on stated goals, despite being one of the few junior exploration companies on AIM to be fully funded.
Bibemi MRE - they finished drilling months ago, where’s the update?
Mbe exploration - why wasn’t this carried out in parallel to Bibemi, rather than sequentially? Much more efficient from a G&A point of view.
The remaining ground in Cameroon doesn’t seem to have seen any exploration in the past year.
The license in Senegal is stagnant, with all likelihood any further spending by the partner will simply dilute Orioles position even further, rather than adding any value.
They do not seem to be pushing ahead in parallel on all fronts, despite being well funded. This leads to slower news flow and to increase overall G&A costs, as a proportion of work completed.
Perhaps they are incredibly busy behind the scenes, but their communication doesn’t reflect this, in which case they’re doing themselves a disservice.
Either way, the share price will only respond to positive news flow, and it’s apparent from the various posts by Hawaii and others, that there is little patience or goodwill left.