Oriole Resources Share Discussion Threads

[observer007] 26/1/2024 15:53

This was posted on LSE earlier.....


HawaiifiveO


Key news on the Senegal licence named Senala is coming into the headlights, ideally ORR would want to sell their stake to the JV partner, the question is for how much?

It looks like ORR will have between 30%/40% left once the JV ends in February, remember a nearby licence sold for circa £40m, that licence was one fifth the size of Senala, albeit further advanced.

It is quite realistic to suggest the sale price of their stake could easily equate to the current market cap (£15m) but I expect some form of staged deal involving up front cash, bonus cash based on JORC gold discovered, plus some form of royalty.

An example of how the licence sale could be structured can be seen in the link below, Barrack acquired licences from Tembo Gold, former ORR directors are involved with Tembo.



One thing for sure, with news concerning Senala imminent, now is not the time to be out of this stock, the deal could be one of the largest since the old Stratex sold a Turkish project for £30m years ago.

DYOR etc

[pointscorer] 26/1/2024 14:11

Heads up, volume is arriving :-)

[pointscorer] 26/1/2024 12:31

Expecting some volume to arrive this afternoon in anticipation of news next week.

[luckyabbeygale] 25/1/2024 16:06

I do wonder if some of these negative posters work for the market makers.
As the way they have played Oriole today points in this direction.

[luckyabbeygale] 25/1/2024 10:29

Loads of buyers now rushing to get back in. Do not be a seller since you never know what day the next lot of news may turn up on. At this level I am buying as many as I can.

[flughafen17] 25/1/2024 09:02

Lucky

You should not get so emotional, it is clear as the light of days AIM shares fall back on spikes in price, look at the chart above, a fall back to .30p region would be a healthy re-trace.

As for Broken Arrow this was a recent post, seems pretty clued up to me.






broken_arrow1 - 07 Dec 2023 - 08:55:05 - 4631 of 4759 Oriole Resources - ORR

The RSI has come back from overbought to neutral which means the shares are now in buy territory, sell volume from the drop from .21p to current has been modest, suggests many are holding for more upside.

In all a pretty bullish scenario, premiums are being asked for modest size currently.

The next move could be more dynamic due to implied news updates.

[shaunx] 25/1/2024 08:50

I agree, this is now a giant rock gathering moss on a very long hill

[luckyabbeygale] 25/1/2024 07:57

Broken arrow. You last said over bought at 0.28p. You are an idiot with claming your calls are usually spot on.

You was wrong then and you will be wrong again.

Your nothing but a scam artist trying to FRAUD people into taking massive losses on their spread bets and shares.

This is what they are posting over on the LSE thread.

More major news to come.Today 07:12
I mentioned back in November that some big news was due very soon. (I was 100% right on that one)

My source has told me we are getting another 2 African mining companies in to drill Cameroon.

Recent money raised is helping to set this up.

Watch this space!

[flughafen17] 25/1/2024 07:57

Yes it will fall back pending new news, towards the close you could buy 8m below offer no problem at all.

It does look like sellers have the upper hand currently.

[luckyabbeygale] 25/1/2024 07:27

My shares was worth over 90 thousand at 0.5p and I never got to sell any. As I thought they go a lot higher when buyers was paying up too 0.57p a share.

[broken_arrow1] 25/1/2024 07:02

Lots of headwinds near term.

With Lanstead in the background having 800m shares to sell over 18 months + 160m warrants at or below .25p it is inevitable the shares will fall back given the recent strong rise.

The RSI is still in overbought territory, shares will probably drop to .28p/.30p before new trader/buyers re-enter.

My recent calls here have been pretty good.

[adi27] 24/1/2024 14:41

A few big sells. I wouldn't!

[luckyabbeygale] 24/1/2024 13:51

I have just increased my positon further here, since I believe the final push to a penny has finally landed.

[logica2me] 23/1/2024 15:08

Level 2 looking good for a strong finish.

[logica2me] 23/1/2024 12:35

To clarify; this isn't a pump and dump.

It's a decent proposition and is only going one way long term.

I'm currently advising a client who has a significant holding in Oriole and I know for a fact that he's holding until at least 2p, hopefully higher...

[dogsoggy36] 23/1/2024 10:00

How is this pump & dump.This has risen on good news which is only going to continue.Need to get a life sad one.PS did mummy and daddy not love you (question mark)

[luckyabbeygale] 23/1/2024 09:26

I also have 16 grand in genflow and 5 grand in enet. Watch them and weep.

[luckyabbeygale] 23/1/2024 09:25

Every single announcement just gets better and better. Read what they saying over on the lse forum.
Anything negative does not count on ADVFN. As by experience I often have sold from what they say on ADVFN to only find they doubled almost the day after.
I have learnt my lesson. You derampers are nothing but FRAUD.

[thehitman1] 23/1/2024 09:21

Lol good for you, fool

[thehitman1] 23/1/2024 09:21

Pump pump pump

[luckyabbeygale] 23/1/2024 09:20

I own over 70 grand in this and I never sold any. As I can see far more than 0.5p.

[thehitman1] 23/1/2024 09:19

Typical pump and dump

[twodegrees] 23/1/2024 08:41

As usual, small amounts of sells resulting in percentage drops....market makers up to same old tricks.

[logica2me] 22/1/2024 16:29

Managed to buy a load more at 0.4p - bargain

[dogsoggy36] 22/1/2024 16:15

Seriously please do one as you dont have a clue.