Orsu Metals Share Discussion Threads

[yaniktoo] 01/10/2015 08:54

The chances are that Orsu would use any money received to bundle up with some other struggling junior miner.

Better wait till the next commodities boom before investing in any junior miner.

[paleje] 30/9/2015 16:36

I'd say the latter.

[yaniktoo] 29/9/2015 10:33

Either they had a vodka too many or they know that the project is going to be sold to a third party.

[oakville] 29/9/2015 06:11

You bullish then Jan? !! Lol

[yaniktoo] 29/9/2015 06:01

For the poor dupes that bought into last week’s pump and dump spike.

1. The Karchiga Project is not financeable by Orsu. Ignore the fantastical NPV numbers for the moment, Orsu requires $ 115m to build the mine. In the current climate they need at least 40 % of that in equity as banks will not finance the loan(s) otherwise. So Orsu needs to get $ 45 m or so first before getting a loan. If this equity funding were to happen, then existing shareholders would end up with 6% of the company.

2. The NPV is fantastical and uses an unrealistic discount ratio, 15-18% is more realistic for Kazakhstan.

3. The $5m potential sale is from a counterparty that clearly cannot raise the funds for the Akdjol-Tokhtazan Project.

4. Orsu itself is not funding the amounts needed to maintain the license for Akdjol-Tokhtazan Project. This is currently being funded by David Invest. This indicates how poor that project’s viability is.

5. The only value left in Orsu is the possibility to sell Karchiga off to a larger mining operation. They could get $ 10-15m for it.

6. Orsu have being going around for the past couple of years trying to merge with other junior miners in Kazakhstan. Nobody is interested !

So existing shareholders should be pushing for the management to sell off the Karchiga project and then wind up the company before the cash gets wasted on developing marginal projects.

[fenseal3] 25/9/2015 14:53

Ross....short positions got taken up at 3p, i know someone who borrowed 300k shares @ 3p, he sold them at 2.5p, now he wants to buy them back @ 1p.....make your mind up then spin the wheel, i don't short but this guy does nothing else but short on AIM, this is the only market he shorts on....so knowing how good he is at shorting i would not look to get back in untill under 1.5p GL with your next purchase.

[phil1969] 24/9/2015 10:55

If you bought OSU shares over two days ago on a T2 like I did with Barx, give your broker a call to see if the shares are showing as 'available' in your account. It's the only way to find out if they have genuinely settled. I spent 30 minutes on the phone and they wouldn't give me a straight or definitive answer.

[richgit] 24/9/2015 09:09

lol.

When Gold is back on track into its Supercycle,investors may look back and question why OSU sold its Gold situation for $5Million.

If that sale now goes through then one of the least valued Cos around will see
far more action in its stock.

The perversity could be that if the sale doesn`t go through by end December we just may be heading towards a period whereby Investors could be gagging for anything "Gold".

With Glencore`s problems and Copper shut downs- it could also be anything "Copper" when Copper is also out of the clutches of Futures Market manipulations


Throw the dice !?



I enjoyed the previous short of stock squeeze which swiftly took the stock up to 6p+
yet if the next one is on defining news,it will be a gutter fight to behold.

[daddy warbucks] 24/9/2015 08:53

Another pump and dump to add to SER and NEW, to mention just two. Someone must be making a note surely?

[tidy 2] 24/9/2015 08:37

The jig is up !

[ertugrul] 24/9/2015 08:14

Buy some GDP GOLDPLAT guys Results on Monday

[simon_64] 23/9/2015 16:00

They really are scum.

[simon_64] 23/9/2015 15:30

ross

I know this.

Regards

Si

[letmepass] 23/9/2015 14:24

Time to add a few more then

[tidy 2] 23/9/2015 14:14

Ploy foiled I see. Never mind. Just shows you the games that go on behind closed doors hey !