Origo Res. (See LSE:OPP) Share Discussion Threads

[mangal] 27/6/2010 23:14

Mattjos, this is no more... dead, kaput etc etc
have a look at:

[mattjos] 27/6/2010 22:59

amazingly quiet here

[robizm] 19/5/2009 15:10

this one is way undervalued as cash cannot be far short of market cap. just started investing so should pick up some bargains.

[its a worry] 15/4/2008 21:42

Hi MH, i shouldn't worry, i started a chat on OSI on iii and mostly talked to myself. I felt OSI was in the right place at the right time and could do well, the same probably goes for ORP. If interested you can read my ramblings and some interesting replies for a while from "chasetoot", who had done some research, on the iii website. Last Nov i had cash flow probs and sold most of my Aim stocks, held onto a couple of miners, would have done better keeping OSI. I'll watch your page here and if the miners provide any profit i'll look at coming in. IAW.

[mikehardman] 14/3/2008 23:43

one month on, and no posts :(
...except this one
sad innit?!

both ORP and ORPW gone up nicely since admission.

2 more investments today - mining and desalination

[mikehardman] 13/2/2008 13:01

turned back up, ORPW going with them

[mikehardman] 08/1/2008 21:01

A few paragraphs from its first RNS give an idea of what ORP is about:

"ORP is a newly incorporated Guernsey company whose principal objective is to provide shareholders with capital appreciation primarily from investments in equity and equity-linked instruments in private, unlisted companies whose primary business is related to the natural resource sectors of China and India."

"The Company will invest in the natural resource sector, broadly defined to comprise metals and minerals, forestry and agriculture, forest products such as paper and pulp, water, fossil based fuels (such as oil, coal and gas), and alternative energies (such as bio-energy, wind, hydro, thermo and solar power)."

"Initially, ORP will be offered investment opportunities to invest in 11 companies in relation to which which OSI has entered into letters of intent, term sheets and/or conditional share subscription agreements. In total, the existing pre-vetted deal flow exceeds US$100 million worth of investment opportunities. Each of these advanced stage proposed investments stem from OSI's partnership approach to the management teams of the investee companies through the provision of early stage funding and advice."

"The Origo Sino-India business model, combining provision of capital and consultancy services to fast-growing companies, ideally places ORP to benefit from the phenomenal growth of these two economies."

Upon admission:
48.6m shares, placed at 100p, began trading 14dec07;
and 9.72m warrants (ORPW; details below);
net proceeds £46.1m;
mkt. cap. £48.6m;
traded on AIM and CISX (the Channel Islands Stock Exchange)



( is the web site for Origo Sino-India *NOT* Origo Resource Partners, despite some of ORP's management using it for ORP email. Origo Sino-India is a sub-consultant to ORP.)

Warrant info, mostly extracted from full AIM admission doc:
- numbers: shares 48.6m, warrants 9.72m
- admitted: 14dec07
- exercise price: 120p
- terms: 1 for 1 as far as I can tell (the document is as opaque as lead)
- expiry: 5pm 14dec2012 (5 years from admission)
- gearing: about 3.4x (share price / warrant price)

I have no holdings in ORP/W; or at least, not at the time I wrote this.