Oriole Resources Share Discussion Threads

[sclper] 07/10/2020 15:00

Geotrav - Do you know why there was so little of the NRprivatemarket allocation available this morning after the RNS was released? Was the offer on the website yesterday after market close?

[wassapper] 07/10/2020 10:52

OK guys - I see. Thank you. Very helpful

[geotrav] 07/10/2020 10:51

But no broker commission to buy...

[the skipper] 07/10/2020 10:39

And then you transfer them to your broker.

[geotrav] 07/10/2020 10:24

Company issues the shares direct to you just like they would through a broker bought deal.

[wassapper] 07/10/2020 10:03

How does the issuing of shares work in the NR market? Do you get some sort of e-certificate? Can you transfer to your usual broker? Can you trade shares on the NR platform? The FAQs on the site don't help.

All sounds great but I don't get how it works other than ingesting your cash!

Any info gratefully received

[the skipper] 07/10/2020 08:41

The warrant exercise price and provision for compulsory exercise is all you need to know here. Hence the rapid rebound from the initial markdown. It’s not often that PI’s get the opportunity to pick up warrants so the offer is a no brainier imho.

[shortarm] 07/10/2020 08:26

Positive dilution - that's a new one!It will be positive if they manage to find something other than mud or dust.....

[geotrav] 07/10/2020 08:09

Costs / overheads reduced by half, directors holdings increased to 7% before this placing - a bit disingenuous to think they’re the same company as Stratex pre 2017...

[steve1905] 07/10/2020 08:00

With everything that has changed with this Company the end results are the same. The one constant - JuJu44

[highly geared] 07/10/2020 08:00

With the warrants, must be c. 70% dilution. It was inevitable as they didn’t have a pot to puss in to fund exploration drilling. It will be interesting to see how much goes to drilling and how much to erm “ general working capital “ ( salaries).

[juju44] 07/10/2020 07:52

Long long history here of relieving plonkers of their hard earned with no hope of making a profit - ever

[geotrav] 07/10/2020 07:30

Drilling costs. That’s the business model, if you don’t like it you shouldn’t be in the junior space...

Chance to participate on same terms is what NR Private Markets platform is all about. Tim is Chairman at Minexia, parent to NR Private Markets. Nice that existing (and new) retail investors get an opportunity at the same terms, and with no commission. Makes it worth while being registered on the NR Private Markets platform - especially as it’s free to register there too !

[tightfist] 07/10/2020 07:04

Drilling capital - and opportunity for PI participation on same terms.....

[source] 06/10/2020 16:41

Had to buy the dip...hope some good news soon.

[source] 06/10/2020 10:43

Is nobody concerned with their cash position?

[trotterstrading] 06/10/2020 09:24

Just a matter of time before ORR is multiples higher IMO

[the stigologist] 06/10/2020 08:52

Nice continuation today

[the stigologist] 05/10/2020 18:03

Nice candle