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[geotrav] 21/12/2022 07:53

Does anyone have details of the agreement from 2018?
What terms are in there?

[dogsoggy36] 21/12/2022 07:50

But the buyers could be looking to buy the Senala project therefore allowing us to go full tilt on Cameroon.Personally I think it is good news as IAG stitched us up last year.

[terminator101] 21/12/2022 07:48

Exactly. It's a deliberately misleading announcement imo. Not only does it not mention what %of the assets being sold Orr have an interest in(likely very small) but the only relevant thing is will the new owner of the assets abide by the agreement. Makes zero difference to Orr except actually introduces more risks for Orr.

[rv2] 21/12/2022 07:44

Iamgold are selling. Nothing to do with oriole and don't think oriole will benefit fall from this sale.

[geotrav] 21/12/2022 07:43

It’s an opportunity. Not sure what the value potential is, but whatever they decide to do it looks like there’s value to be had.
Makes a mockery of the current market cap, presumably the big buyer yesterday saw exactly that!

[dogwalker] 21/12/2022 07:40

Erh no it's the sale of some of Iamgold's extensive assets in W Africa which includes an interest in one of Oriole's too.

[source] 21/12/2022 07:18

Oriole current Market Cap value = £4.8mSale now agreed for some of Orioles assets = £231m. !!!I.E. +48x !!!!Wow. Oriole management know how to blow the doors off! (Finally!)

[source] 21/12/2022 07:12

OMG. Boom!

[xcap1] 20/12/2022 21:02

Well TL did say it's a whole new gold district opening up Huge potential TL has pedigree

[adi27] 20/12/2022 19:00

Big buy to end the day

[tightfist] 20/12/2022 18:58

Also:.https://www.iamgold.com/English/investors/news-releases/news-releases-details/2022/IAMGOLD-Announces-Agreement-to-Sell-Its-Boto-Gold-Project-and-Surrounding-Exploration-Assets-to-Managem-for-Total-Consideration-of-282-Million/default.aspx.Includes: .".....and the vested interest in the Senala Option Earn-in Joint Venture also in Senegal....".Looks like we are going to have a new, focused, partner. tightfist

[tightfist] 20/12/2022 18:41

Very interesting development; Managem have their cheque book ready?
.

[geotrav] 20/12/2022 17:35

Interesting news on Iamgold re Senala. huge potential

[shortarm] 20/12/2022 14:35

Fight back time !

[juju44] 20/12/2022 13:30

Didnt get much of a rest

[papillon] 20/12/2022 12:01

free stock charts from uk.advfn.com


Well, it's resting on support. Will it hold? I've no idea. 😂

[shortarm] 20/12/2022 11:58

I believe this is the D stage of the P and D

[papillon] 20/12/2022 11:55

Where have all the rampers gone? 🤣 🤣

[itsmyshares] 20/12/2022 08:29

The way you supposed to do it. Is to buy extra for trading purposes and to always keep your core holding ready for the 100 bagger.

[dave4545] 20/12/2022 08:27

7 people voted up shanew48 post of 10 bag this and that

Do they not know he has already sold out this morning for no extra on yesterday price.

[dogsoggy36] 20/12/2022 08:17

The second clueless twonk has arrived.

[bspgamer] 20/12/2022 08:07

Now is the time when the company should do a placing!!