Ormonde Mining Share Discussion Threads

[paulwinter10] 07/11/2021 11:05

Good morning,

The AGM was a shocker, and I have never attended a meeting like it last September! I do hope there are plans for the spending of the cash to benefit all shareholders soon.

Some announcements before Christmas would probably make my holidays and and a promise of new developments in the New Year would increase my faith in the new board!

I have met some of you from the Dakotas in the US and others from Britain and around Ireland at previous AGMS. Generally, I think the shareholders are a nice group who attend the meetings in Dublin each year or every 6 months. I think however most shareholders don't vote or take any interest in the company that they have invested in.

I really don't know how to advise about buying or sellling the stock at the moment! I qualified as an accountant, but am now semi-retired and working part-time in security.

I would like to hear any of your thoughts!

Kind regards,

Paul Winter

[cal57] 02/11/2021 18:49

Let's hope the new board can begin to implement the 'new phase of development and value creation for shareholders' that we we're promised in the last update,sooner rather than later.Bit like watching paint dry atm.

[pol123] 02/11/2021 16:58

Must be time for an update....

[anynews] 01/10/2021 16:18

Just keep buying!

[alannlane] 01/10/2021 16:07

I guess T A holding 22% will soon take on Chairmanship and a change of name for the company is likely.

[imjustdandy] 01/10/2021 11:31

5p first stop. A genuine multi bagger

[alannlane] 01/10/2021 10:13

Lots of positive newsflow to come in the coming days weeks and months

[imjustdandy] 01/10/2021 09:37

Won't be 1p for too long. 5p first target

[imjustdandy] 01/10/2021 08:48

Thats been the plan all along freshfield TA major holder and Chairman in both CO's . 15p reverse would be nice

[jfreshfield] 01/10/2021 08:44

Just saw this on twitter - could this be the asset we are looking at? https://dunravenresources.com

[alannlane] 30/9/2021 22:24

RTO, and Sky's the limit for ORM now.

[imjustdandy] 30/9/2021 22:04

TA has played a blinder and what a terrific RTO he has coming into ORM.

[jfreshfield] 30/9/2021 19:15

Fairly clear what the asset is

[geotrav] 30/9/2021 17:21

Entire management team and remaining independent board resigned en-masse.

Let’s see what Anderson delivers

[cal57] 30/9/2021 16:49

Ye the board have gone looks like the market likes it.

[jfreshfield] 30/9/2021 16:46

Looks like the big boys have come out to play now.

[walkerjameswalker] 29/9/2021 04:41

10p would be nice ?

[buywell2] 23/9/2021 07:32

Shakespeare wrote a play about this share







buywell2 23 Feb'15 - 13:16 - 2141 of 2143 0 0

2p or not 2p

That is the question

[bibdaddy] 23/9/2021 07:29

What a downbeat RNS!

[alannlane] 06/9/2021 23:12

It's time for T A to take control and for the company to have a much brighter future.

[gb904150] 06/9/2021 08:53

RNS out about the reconvened AGM.

hxxp://ormondemining.com/wp-content/uploads/2021/09/2021-Reconvened-AGM-Materials-Ormonde-Mining-plc.pdf

Tom Anderson's letter to shareholders is pretty unhelpful and doesn't lay out a future plan for ORM any more than the current BOD do.

Adding more 'experience, talent and brainpower' to the board sounds like adding more cost.

TA says he will pass on to the board some opportunities that cross his desk. Not exactly very inspiring.

I'm sure with 23% of the shares TA has a plan but he's not sharing it.

It then depends on whether we trust somebody who has committed about £1.5m of their own money to own 23% of the business or the current BOD with no stake who are just sitting and taking their fat salaries.

Still, I think a missed opportunity. TA could have set out a plan as to why we should vote for articles 7/8 rather than just this vague 'promise of better'.

Perhaps the way forward is to vote against resolutions 4/5/6 to stop the issuing of extra securities until we see a proper plan? But vote for resolutions 7/8 to get TA's guys on board.

I don't see TA wanting to trash his own investment here....so his resolutions seem the only sensible options.

Any other views?

[imjustdandy] 05/7/2021 01:07

Going to see this multi bag once Tom Anderson wins control.

[cal57] 03/7/2021 08:54

Yes definitely seems that way.

[imjustdandy] 02/7/2021 23:02

Momentum play now as TA takes control