Oriole Resources Share Discussion Threads

[aussiebeach] 11/11/2021 11:39

Looks like some big hitters are moving into ORR, Nick Slater seems to be buying and is tweeting + a chartist suggests .55p to .70p is on

[observer007] 11/11/2021 08:20

Worth noting ORR are also pursuing about £1.25m in the Turkish courts, the process has been lengthy but the CFO suggested they were hopeful of winning the cases.

Their asset sale programme is also ongoing, their bunch of royalties could be worth another £1.5m to £2m

Also operationally active in both Senegal and Cameroon both company makers.

If the shares can go to 1.95p in a month why not again ?

[mininglamp] 11/11/2021 08:07

Chesser Resources who are right next to Oriole in Senegal and are about to declare a maiden mineral resource estimate this month, shares are up 40% within 3 weeks.

The sector is about to recover, Oriole seem significantly undervalued with a Enterprise Value of only £5m verses Chessser market cap of £40m

In Q1 Oriole was valued at £35m !

[observer007] 10/11/2021 16:04

Sentiment is definitely turning, looks like only 500,000 shares at full offer price then it moves up, a week ago you could buy 2.5m in one hit.

In February 1m shares would have cost £20,000 now only £4,000, that is the extent of the drop, no wonder buyers are coming back.

[m1sterx] 10/11/2021 15:53

One of the better recovery plays & no placing worries.

[aussiebeach] 10/11/2021 15:14

Now is the time to be buying these bombed out resource stocks, looks like gold is about to go on strong run, this will direct attention back into the sector.

Getting harder to buy ORR in size as well, that's always a good sign.

[mininglamp] 10/11/2021 11:53

Looks like the sector has bottomed out generally, falls have been soul destroying for anyone who bought in Q1 and have not exited.

The juniors that tend to recover first are those that were popular in the past, I feel ORR sits in that category.

I added some more of these yesterday.

[observer007] 10/11/2021 07:57

The sector has been out of fashion since March resulting in heavy losses for investors but as we have seen before this can change quickly.

If you look at the high points in charts above you can see why ORR could be a winner in the months ahead from current levels.

[aussiebeach] 10/11/2021 06:50

There appears to be growing interest in ORR over the last few sessions, volume has increased and buyers seem to be winning the battle against sellers.

News has been thin over recent months but this is likely to change, maybe the tide is turning here after a long period of consolidation.

[drago] 09/11/2021 20:38

It's a gold explorer , market no likey.
What we need is a big solar powered computer mining bit coin in a shed somewhere

[aussiebeach] 09/11/2021 10:41

Been holding ORR for a while now, cannot understand for the life of me why the shares are down 80% from this years 1.95p high point.

They are well funded and will soon be busy on the ground, plenty of news ahead.

[mininglamp] 09/11/2021 10:27

Chesser Resources shares are up 30% over the month, they say they are going to produce a maiden gold resource by end November, if so that will be a very material event, could it be 1m ounces sitting right next door to Oriole.

They seem very upbeat having read their recent updates, for transparency I have been buying Oriole shares recently, they look considerably oversold.

[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