Oriole Resources Share Discussion Threads

[one2go] 20/11/2023 13:10

Market cap here is tiny at £6.5m, market makers caught offside today.

I expect this to trade around .35p/.45p range once dust is settle and investors evaluate today's news.

[ic0gcds00] 20/11/2023 09:10

Iam not being negativeIam over the moon on positive news but I still hold a heavy loss onwards and upwards

[observer007] 20/11/2023 09:06

This is why they said they expected to see .26p+ when the August funding deal was closed out.

I bet there are more deals to come and soon.

Great to see this recover, it hit 1.9p in Q1 2021 remember.

[geotrav] 20/11/2023 09:02

ic0gcds00…

Could you be more negative!

Two deals, combined value more than the market cap of the company, no loss of ownership control, no dilution to shareholders… etc

[ic0gcds00] 20/11/2023 08:51

There's a long way to go yet for long term shareholders

[sclper] 20/11/2023 07:53

Great day for Oriole shareholders

[luckyabbeygale] 20/11/2023 07:33

Wow this just gets better and better. Oriole is now full of positives and news flow.

[broken_arrow1] 17/11/2023 15:32

IG are now asking .12p for £5k of shares, advertised offer is .102p

In a nutshell they do not want to sell many at advertised offer.

[broken_arrow1] 17/11/2023 13:58

All the .10p stock has gone, .113p best offer currently, I recall this moves fast on lowish volumes.

Clearly something is building the momentum, the chart looks very bullish.

Current m/cap only £4m

[silverspoon2009] 16/11/2023 22:30

Expecting news imminently, are those in the know already picking up stock, seems like it.

[induna123] 16/11/2023 17:47

It's looking tight. Don't be surprised if we start seeing trades over 0.10p soon.

Anybody on the side lines waiting to see what happens, why wait? When the news comes you wont be able to buy at this level.

[broken_arrow1] 16/11/2023 15:45

Looks like they only have £5k of stock at offer currently then IG are quoting a very large premium for £10k+

From experience one would suggest news is being prepped.

Chart fundamentals are turning bullish also.

[observer007] 16/11/2023 15:36

Looks like the runway for getting in at silly cheap levels is closing, the market does not appear to have latched on to potentially company changing news-flow.

Under the old team they were always able to get deals done usually with companies with deep pockets, if they can get a meaningful JV partner for Cameroon and then sell their 30% stake in the Senala gold licence for serious cash it will be happy days indeed.

Remember Senegal neighbour Chesser Resources was sold for circa £50m and their licence was only one fifth of the size of Orioles.

Market cap of ORR is circa £4m.

[luckyabbeygale] 16/11/2023 15:33

I been trying to buy all day on spreadbetting and cfds, and have had the same expereince of all my orders being rejected.
Even the share deal would not let me buy anything between 300 to 900 pounds worth.
It was only for order under £300 and orders over £950.
In the end I had to buy in 3 lots that came to about £650.

Now they are wanting 0.1p for any size.

[space_dust] 16/11/2023 13:18

IG still rejecting orders for ORR, cannot even buy £1000 of stock at offer price ??

[space_dust] 16/11/2023 12:10

When you have IG rejecting buy orders for modest size you know something is up.

They want .1035p for £6k of shares, a large premium.

[silverspoon2009] 16/11/2023 08:36

Taken 5m (hard to believe it would have cost £100k in Q1 2021, now £4k) of these over recent sessions, I feel the shares will trend up, there looks like being a material value event in the mix here otherwise why would a director put £200k in at .18p in Q2.

My bet is on a JV and then a stake sale of their Senegal licence, it could fetch multiples of the current m/cap.

[broken_arrow1] 15/11/2023 13:49

Chart is bullish, short term target price .14p

[dogsoggy36] 15/11/2023 10:38

Spot on.Been emailing the team for months and they said we are working on news and things are good their end.However Claire has not responding to my last one a week ago.Strange or interesting!

[aussiebeach] 14/11/2023 10:18

Nothing on their Twitter (or X) feed since 29th September, nothing by way of media since then either, last commentary was they were in talks with various parties concerning their projects, in the past they have done deals with mid caps.

One does wonder if they are going to announce something major, the last director buy was at .18p and for £200k of stock.

Reports elsewhere it is getting harder to acquire shares in size, one piece of decent news and this could multi-bag.

[observer007] 13/11/2023 08:38

They are exceptionally quiet, with the very low m/cap they are very vulnerable to a bid approach.

Their Senala gold licence stake in Senegal must be worth 3 or 4 times the current m/cap alone.

[luckyabbeygale] 13/11/2023 08:17

Last Friday you could not buy more than £500 worth at a time. However they was happy to take all your shares off you. This morning we opening at 0.08p on the bid in a desperate attempt to get some sellers. Over on lse chat they have never sounded so positive.

[luckyabbeygale] 10/11/2023 08:27

Still 0.084p to buy and 0.09p for £5,000 worth with IG share deal.
A week ago I seen 0.075p with IG share deal. Therefore this is an improvement.

Looks like they are still short of shares, because Langstead is not selling enough.