Oriel Resources Share Discussion Threads

[cezary] 25/2/2008 15:30

Lets see if it breaks £1

[ukgeorge] 25/2/2008 12:20

nice. so where to now price wise

[cezary] 25/2/2008 08:36

Waiting for the 83p resistance level to be taken out when it first floated.

As soon as I wrote the above the 83p level was taken out.

[stanojka] 22/2/2008 10:44

Does anyone have a forecast of how high Oriel could rise say in a years time?

[julianc35] 22/2/2008 08:57

what is the epic for the warrants? thanks

[kenmitch] 21/2/2008 20:42

The warrants now look a good way of playing this one at around 21p to buy. Exercise price 75p and expiry Feb 2010.

Warrants at 21p to buy have lagged the rising share price - indeed the warrants were as high as 25p mid last year when the share price was much lower.

For ages the warrants were way overvalued, and although still not cheap they are now in the money and the CFP has fallen to around 11% which is very fair value when the share price could rise a lot further.

Gearing is nearly 4 times too.

Well worth ORI fans buying a few warrants as well - or even to think of switching to the warrants for the greater upside.

e.g target the share price doubling before expiry to 160p and the warrants should quadruple to 85p.

Even a more modest target by then - say a 50% rise in the share price to 120p would give a warrant price of 45p, so the warrants would double.

[cezary] 21/2/2008 15:57

Yes, SA is falling apart. Infrastructure problems everywhere. Power cuts everywhere.

[ukgeorge] 21/2/2008 12:50

lovely jubbly.
my best performing share these held them for a few years also got some aricom ore doing well to. dont intend selling any time soon.

[coldrolled] 21/2/2008 10:51

yes sorry should have specified 1billion$, the share price is startign to reflect the value of the assets within this company

[supersturrock] 21/2/2008 10:16

and the warrants are now in the money.

[metex] 21/2/2008 10:10

Share issuance is 636,711,820....x present share price....Market Cap hence approx £500m.

Nice momentum presently....DYOR.

[supersturrock] 21/2/2008 09:44

Digital Look has today's market cap at £ 487m. Are you talking a billion DOLLARS ?

[coldrolled] 21/2/2008 09:36

1p off 1billion market cap and nobody talking about it, this company is 5 months off producing Chrome which as we speak can be sold at $500/t, remember the feasibility was done at $145/t for Chrome ore, this company will pay off it's CAPEX in year! 900ktpa with 300ktpa earmarked for Tihkvin at the moment, that means the other 600kt gets sold at market price and with SA problems they are very well positioned, 1.50 by crimbo and then up from there....

[supersturrock] 21/2/2008 09:16

Someone's waking up to this one at last.

[sg31] 20/2/2008 22:25

So has anyone any idea who Platinum Bow are?

[supersturrock] 18/2/2008 14:20

The genie is out of the bottle !Warrants, warrants, warrants !

[cezary] 18/2/2008 13:43

Well, we have got past the 71.5 resistance, so hopefully its up and away.

[ukgeorge] 14/2/2008 19:56

either way nice to see this rising, was a plesant surprise as tend not to check this share very often. great metal to be in good location. imo. im going to try and resist selling on the knowledge that i will regret it in the future. although i do have many other juniors that i would like to top up on.
more of the same tomorrow please.

[metex] 14/2/2008 17:22

Supersturrock....just to clarify....azalea is correct....plant construction for the Phase 1 commercial "development" of Shevchenko is expected to start in Q2 2008.

It`s the commencement of Phase 1 commercial scale MHP "production"....that comes during H2 2009....DYOR.

[supersturrock] 14/2/2008 17:01

azalea. Think you will find Schevchenko is next year with Voshkod scheduled for this year. Either way, revenues set to rocket over next 2 years.

[supersturrock] 14/2/2008 14:52

Anyone got any brokers' forecasts for this one ?