Oriole Resources Share Discussion Threads

[luckyabbeygale] 15/1/2024 08:03

Damn right theft attempt by the market makers dropping the bid to 0.22p to try to stop those out on spreadbets on a day that will end at over 0.30p.

[luckyabbeygale] 11/1/2024 16:02

If anyone is spreadbetting Oriole. Then you must keep putting the profits back into the share. It is worth doing this all the way up to 0.3p, and then after just sit back and relax and watch them grow.

[thehitman1] 10/1/2024 15:44

I'll be buying some at 0.15

[adi27] 09/1/2024 16:58

The Lanstead effect

[twodegrees] 08/1/2024 14:54

Some large sales going through, in excess of 2,000000 at a time, is our financial backer offloading, they do have in excess of 800 million shares?

[smraynot] 08/1/2024 14:34

Well worth a punt. Can see upside of 1p+.

[dogsoggy36] 08/1/2024 10:25

Another great RNS.Certainly going to be a great 2024 for any shareholder.

[nesnoor] 08/1/2024 09:30

Great start to the week!

[luckyabbeygale] 06/1/2024 20:52

Unfortunately that is not the case. However I did inherit 126k in cash that I have had. I have invested around 120k of it onto many different shares. I wish I had of just stuck mostly to Oriole and then I not be only evens.

[abudhabi123] 06/1/2024 18:48

Maybe you inherited millions and already a millionaire

[abudhabi123] 06/1/2024 17:42

So by the end of the year you will be a millionaire! Unless you did inherit millions!

[luckyabbeygale] 06/1/2024 14:10

If it was not for Lanstead I would now be watching from the sidelines.

In the past I could only afford to spreadbet Oriole and before Lanstead I lost my position here at 0.12p when I was stopped out. Then they rose to 0.23p and made me feel very sick. Then Lanstead my knight in shinning armour came along and crushed the share price back to 0.08p to buy, and that is when I came in to start building my position.

However thanks to my inheritance Oriole is now my largest holding.

[adi27] 05/1/2024 10:16

I'm not calling them out. It's the business model they operate, and it clearly makes them money. But the sooner they sell the better, obviously not to trash the share price.

[tightfist] 05/1/2024 09:27

In our hour of dire need, their cash kept the company afloat to build a future - and fight to retain control of our legacy assets. Meanwhile, progressively things are looking brighter.....

[adi27] 05/1/2024 08:45

Most people understood that it would be the case, so they may as well crack on

[induna123] 05/1/2024 08:39

it'll give us lowly peasants an opportunity to acquire some stock

[the_debt_collector] 05/1/2024 08:22

Lanstead are the problem here, they are selling make no mistake.

[nico115] 05/1/2024 07:58

Great news Hope Lanstead isn't an overhang .Only bad move by mgmt. .

[observer007] 05/1/2024 07:52

With so much more news to come I can see this getting back into the .30p's PDQ, if they sell their stake in Senala then you could be looking at double or even treble that.

The game has changed and the sector is now in recovery mode.

[thecoyone] 05/1/2024 07:41

Well finally they are getting their act together after 5 soul destroying years, it is apparent the driver behind recent moves has been the new Exec Chair Eileen Carr, she also put in £200k of her own cash buying shares around .18p.

Now one deal is across the line in Cameroon expect to see an avalanche from other interested parties due to FOMO. Oriole have 6 or 7 other licences in country.

I am now a buyer, others have talked about sale of their non core project in Senegal, a licence of 470 sq km, a nearby 50 sq km licence was recently bought by Fortuna Silver Mines for £35m.

You can see the scale of upside here, finally they have someone on the BOD who can actually do deals.

Given recent events the shares are a gift at these levels.

[aussiebeach] 05/1/2024 07:13

Very good news indeed with more to come, it means over the 2 JV's ORR will receive $1.5m in cash and the partner will spend $8m on exploration on 2 licence areas.

There is more to come, their Senala Senegal licence may be sold, the deal has to happen by end February, it could fetch $5m+

More delas have been telegraphed.

Its been a painful wait for shareholders but now the stock price will appreciate, possibly strongly, from the current £7m m/cap, it hit £25m a few years back.

[observer007] 02/1/2024 07:54

A very positive corporate update this morning, a number of value creating initiatives expected within weeks, including two JV's which will bring in upfront cash to ORR of circa $1.45m.

The Senegal licence JV terminates at end February, a sale has been suggested, either ORR will end up with 40% or they will receive $2.3m in cash from the JV partner and then have 30%, either numeric stake could then be sold.

By end February ORR could have cash in excess of their current £6m market value.

Very exciting times more-so given the low market value, this hit £32m in Q1 2021.

[nico115] 30/12/2023 14:27

I agree but do Lanstead have 800m shares to sell ? I wanna buy the last 25k