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ORR Oriole Resources Plc

0.315
-0.025 (-7.35%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Oriole Resources Plc LSE:ORR London Ordinary Share GB00B0T29327 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.025 -7.35% 0.315 46,458,705 16:35:25
Bid Price Offer Price High Price Low Price Open Price
0.31 0.32 0.34 0.30 0.34
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 115k -1.62M -0.0008 -3.88 6.18M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:18:40 O 2,527,347 0.3163 GBX

Oriole Resources (ORR) Latest News (1)

Oriole Resources (ORR) Discussions and Chat

Oriole Resources Forums and Chat

Date Time Title Posts
24/4/202416:05Oriole Resources4,969
14/1/202109:50Oriole Resources24
29/10/201815:18ORIOLE RESOURCES > 2018 > Exciting Times Ahead > Projects > Investments > Gold 72
08/6/200107:41Oriental directors1

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Oriole Resources (ORR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
16:14:030.322,527,3477,994.00O
15:18:410.31500,0001,559.50O
15:08:000.31341,3101,073.08O
15:02:560.32310.10O
15:02:290.31780,0002,418.00AT

Oriole Resources (ORR) Top Chat Posts

Top Posts
Posted at 24/4/2024 09:20 by Oriole Resources Daily Update
Oriole Resources Plc is listed in the Gold Ores sector of the London Stock Exchange with ticker ORR. The last closing price for Oriole Resources was 0.34p.
Oriole Resources currently has 1,994,021,336 shares in issue. The market capitalisation of Oriole Resources is £6,181,466.
Oriole Resources has a price to earnings ratio (PE ratio) of -3.88.
This morning ORR shares opened at 0.34p
Posted at 05/4/2024 12:08 by aussiebeach
The wide spread and inability to buy size online suggests they are struggling to hold this back, the share price hit .57p in January remember.

ORR's gold assets/licences have become a whole lot more valuable with the gold price surging, it will also make it far easier to secure more JV deals.

On the other hand ORR could easily be taken over by a major or mid cap.

The share price will continue to uptrend therefore.
Posted at 03/4/2024 07:51 by broken_arrow1
Been reading the commentary on the share price action, it appears there is a background buyer possibly of scale, IG were all over the place yesterday on the offer, three times during the day for periods of time it was not possible to trade ORR, other times they were quoting a large premium for just 1m shares.

It does look very positive moving forward therefore.

Will keep checking and reporting accordingly.
Posted at 03/4/2024 06:11 by observer007
Gold now $2280oz.

This has to be one of the best juniors on AIM in the gold space, massive ground in Cameroon and look how much the value of Senala in Senegal has risen.

ORR could quite easily become a £100m+ company.

With no fears of dilution and more JV deals likely the share price can only go one way.

Yes thy will make it hard to buy but surely that is a good sign.
Posted at 02/4/2024 15:54 by aussiebeach
The liquidity drought on AIM is obvious, investors in this sector are so battered and bruised they cannot tell the wood from the trees, had gold been at this level back in the good old days of 2019 ORR would probably have been valued north of £50m instead of the current £10m.

This company has transformed possibly into the next GGP, from 1p to 35p, however due to the 'current climate' investors stay away not helped by chronic manipulation of the markets by brokers, market makers etc.

A tip, if it is hard to buy a stock it means it is a good one, it has been hard to buy ORR in any material size for some months !
Posted at 02/4/2024 10:45 by observer007
It has been suggested on the other BB that Lanstead are struggling to contain the share price, as a result have sold far more shares than they would normally have done at this stage of the financing agreement.

If that is the case it would be very bullish as they have fewer shares left to sell over the remaining 16 months of the funding deal.

No wonder Lanstead are refusing to TR1 their position to the annoyance of posters on LSE.

I think the share price is poised to move ahead strongly as a result of renewed investor interest, no wonder they are making it harder to buy.

The shares hit .57p in January remember.
Posted at 24/2/2024 14:38 by sclper
Lanstead sells some shares each month to fund the payment owed to Oriole. Lanstead makes more profit if the share price is higher so it doesn't make sense for them to suppress the share price. If there is decent volume the small amount Lanstead sells each month won't have any impact on the share price. Trading volumes should increase shortly once BCM starts its exploration campaign
Posted at 26/1/2024 15:53 by observer007
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
Posted at 20/1/2024 11:10 by observer007
Oriole shares had fallen 80%+ long before the Lanstead financing, it seems to be a trait of the market these days, enormous drops in share price have been replicated across the sector for 2 years now, what is worrying is there appears to be no sign of a real turn in sentiment.

The matter has not been helped by 'high profile' stocks like HZM, PREM, VAST, POW and many others wiping out so much retail investor cash.

No-one trusts the market these days, it has turned into a roulette wheel more than ever before.

A few weeks ago no-one had a good word to say about ORR, now they can do no wrong, for the time being at least !
Posted at 21/11/2023 15:02 by sclper
No, Lanstead makes monthly payments to the company depending on the share price. It needs to keep its position hedged so will only sell a small amount each month to cover the payment. If it sells too many shares and the share price rises it will loose money
Posted at 29/9/2023 05:22 by induna123
At current prices they'll be getting only a third of what they expected? Benchmark price set at 0.253 when they made this agreement. I wonder if they ever imagined the share price would react so badly to this deal?


The Sharing Agreement

In addition to the Lanstead Subscription, the Company has entered into the Sharing Agreement, pursuant to which Oriole will pledge the GBP1,767,000 gross proceeds of the Lanstead Subscription to Lanstead. The Sharing Agreement will enable the Company to share in any share price appreciation over the Benchmark Price (as defined below). However, if the Company's share price is less than the Benchmark Price then the amount received by the Company under the Sharing Agreement will be less than the gross proceeds of the Lanstead Subscription which were pledged by the Company to Lanstead at the outset.

The Sharing Agreement provides that the Company will receive 24 monthly settlement amounts as measured against a benchmark share price of 0.2533 pence per Ordinary Share (the "Benchmark Price"). The monthly settlement amounts for the Sharing Agreement are structured to commence approximately six weeks following Admission.

-- The GBP1,767,000 gross proceeds of the Lanstead Subscription will be pledged to Lanstead by the Company pursuant to a Sharing Agreement with Lanstead. The Sharing Agreement, details of which are set out below, entitles the Company to receive back those proceeds on a pro rata monthly basis over a period of 24 months, subject to adjustment upwards or downwards each month depending on the Company's share price at the time relative to the Benchmark Price of 0.2533 pence per share .
Oriole Resources share price data is direct from the London Stock Exchange

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