Oriole Resources Share Discussion Threads

[gb904150] 09/11/2021 09:13

that link didn't work for me but this one from Chesser resource's page is good:

[observer007] 08/11/2021 23:39

Very significant update tonight from Chesser Resources who are near ORR in Senegal.

[davemarn] 08/11/2021 18:37

Don't be an arrogant wmtwhat

Angus Energy 0.90p
Positives
• Equipment should be arriving on site Nov 21 – Feb 22 proving this isn’t hot air!
• Permitting and Approvals expected early December 2021
• First time in 2 years a Project is about to become a reality early 2022
• Huge rise in Gas Prices (300-400%): 51% stake in onshore Saltfleeby Gas Asset
• 52% recent upgrade to NPV10 from a revised CPR of Gas Asset now £25.5m (£9m market cap)
• £12m fully funded for Saltfleeby
• Sidetrack to Gas Project Planning Permission in place to try and double output
• £1.4m Convertible Loan Note holdings extended deadline to April 2023 for final payment!
• 2x Director Buys of 1m each mid 2021
• £8m potential funding with Aleph and Associates for a valid Geothermal play
• 165m Warrants of £2.1m at 1.36p average potentially available
• 26m Employee Options at 1.5p but fully vesting at 2p too
Negatives
• A group of Locals persistently fester on UK Share Forums to stop any buying momentum, the success in market cap makes it harder to stop any of their projects dead in its tracks!
• A substantial undercurrent set of Short Sellers who seem to be betting against delivery and pre-gas price rally; now hurting and desperate to close out their positions – towards First Gas Q1-Q2 2022. Their short positions could create a dramatic squeeze to 2p alone IMO.
• Legacy Oil Assets and failed projects knocked share price and confidence of Long Term Holders
• Geothermal Progress Seems Slow
• Delays seem to bother some impatient traders but Aleph have stumped £12m loan!
Share Price Predictions?
• Harmonics showing 2-3.5p target?
• Management believes 3.5p per share is Fair Value vs. 0.90p share price
GLA WTFDIK DYOR

[terminator101] 08/11/2021 15:20

Oh dear rampers, seems that the carcass of ORR hasn't been picked clean yet

[juju44] 08/11/2021 10:32

Sub zero in sight

[observer007] 08/11/2021 08:00

I tend to agree with Mr Slater, I think ORR will outperform over the next 3-6 months, in a nutshell the shares have fallen too far and look cheap.

The time to buy is before the herd arrives.

[davemarn] 07/11/2021 21:36

ORR theres always the highway!

#ANGS
Positives
• Equipment should be arriving on site Nov 21 – Feb 22 proving this isn’t hot air!
• Permitting and Approvals expected early December 2021
• First time in 2 years a Project is about to become a reality early 2022
• Huge rise in Gas Prices (300-400%): 51% stake in onshore Saltfleeby Gas Asset
• 52% recent upgrade to NPV10 from a revised CPR of Gas Asset now £25.5m (£9m market cap)
• £12m fully funded for Saltfleeby
• Sidetrack to Gas Project Planning Permission in place to try and double output
• £1.4m Convertible Loan Note holdings extended deadline to April 2023 for final payment!
• 2x Director Buys of 1m each mid 2021
• £8m potential funding with Aleph and Associates for a valid Geothermal play
• 165m Warrants of £2.1m at 1.36p average potentially available
• 26m Employee Options at 1.5p but fully vesting at 2p too
Negatives
• A group of Locals persistently fester on UK Share Forums to stop any buying momentum, the success in market cap makes it harder to stop any of their projects dead in its tracks!
• A substantial undercurrent set of Short Sellers who seem to be betting against delivery and pre-gas price rally; now hurting and desperate to close out their positions – towards First Gas Q1-Q2 2022. Their short positions could create a dramatic squeeze to 2p alone IMO.
• Legacy Oil Assets and failed projects knocked share price and confidence of Long Term Holders
• Geothermal Progress Seems Slow
• Delays seem to bother some impatient traders but Aleph have stumped £12m loan!
Share Price Predictions?
• Harmonics showing 2-3.5p target?
• Management believes 3.5p per share is Fair Value vs. 0.90p share price
GLA WTFDIK DYOR

[m1sterx] 07/11/2021 17:47

Looks like Nick Slater is a buyer of ORR, retired former high profile fund manager at Merrill Lynch, time to get in ahead of a re-rate he says via a Twitter post.

[juju44] 05/11/2021 16:29

Up 0.01p I am bleeding to death

[observer007] 05/11/2021 11:17

ORR tweet a short while ago, a significant gold system has been discovered by Barrack near to ORR in Senegal.




A significant #gold system has emerged at @BarrickGold’s Bambadji permit, located 20km east from #ORR’s Faré prospect in #Senegal. This development & Fare’s positive maiden inferred resource announced in August highlights the exciting potential that this region holds $ORR #mining

[the skipper] 05/11/2021 11:06

Juju and his mates getting a bloody nose today. Long may it continue.

[broken_arrow1] 05/11/2021 09:18

It is moving behind the scenes, just £3k of shares (750,000) at offer then it moves to .44p

[broken_arrow1] 05/11/2021 08:30

Just 100,000 shares on offer at .40p then it moves up, it has tested this floor 4 times now and bounced every time according to the chart, when will it break this low trading range, probably shortly.

[m1sterx] 05/11/2021 08:13

The aim is to buy the lows and sell the highs, a chart was published on Twitter that shows this stock to be down 80% since February's high of 1.95p.

It looks a decent entry point therefore + they have plenty of cash in the bank, so no dilution in the foreseeable.

[juju44] 04/11/2021 20:38

Heading for sub zero

[the stigologist] 03/11/2021 21:48

Sunday Roast scumbags turning up was a bad sign so I sold a lot of my position

Highly Geared 2 Nov '21 - 07:41 - 3357 of 3366

What happened to Stig...?

[terminator101] 03/11/2021 10:40

Keep holding huh? Come on rampers, you can do much better than that.

[shortarm] 03/11/2021 10:11

Kinda weird that ORR (STI) used to own a reasonable portion of GRL which is now a plus 60 million MCAP company.....

[juju44] 03/11/2021 08:38

Someone please turn out the lights

[observer007] 02/11/2021 14:31

Truly staggering drop since 10th February.

Someone bought 1.5m at 2p that day, £30,000 it would have cost, can now buy 1.5m for £6k - ouch !

I suspect the entire sector has been shorted to high heaven by brokers, market makers and other professional participants, you can see how it works, drop the price on modest sell volume and restrict sizable buying at the same time, the outcome is a never ending drop into the gutter.

Many suggest AIM is rigged, it sure is.

But when it turns !!!

[2603] 02/11/2021 14:04

Throw the company in the bin never mind charts. Every rns it crashes.

[juju44] 02/11/2021 08:51

Yep at zero