Ormonde Mining Share Discussion Threads

[astubbs67602] 18/2/2021 07:26

Buying opportunity, still plenty of cash

[32campomar] 18/2/2021 07:05

Yep. Disaster.

[bibdaddy] 18/2/2021 07:04

Resolutions withdrawn- oh dear! Looks like a halving!

[32campomar] 17/2/2021 18:32

Could double or halve. Simple as that

[nashwan123] 17/2/2021 12:01

Let's see what tomorrows RNS brings us!

[astubbs67602] 17/2/2021 11:35

Currently warming up here

[fund1] 16/2/2021 20:26

They sent letters out to share holders so they are being proactive

[astubbs67602] 16/2/2021 12:20

Only just received confirmation of voting instruction acted upon.....hopefully in time.

[paulwinter10] 15/2/2021 15:33

Hi,

Perserverance space ship landing on the red planet, Mars, on Thursday, same day as EGM! Very risky ventures for NASA and Ormonde shareholders alike!

Perhaps, the €200m eurolottery should be a part of everyone's portfolio! If you're not in, you can't win!

Hopefully, we will get a yes vote, so we can continue in the mining business. I am working but will try and attend the meeting.

Kind regards,

Paul Winter, Dublin

[32campomar] 15/2/2021 15:02

Or a slump if there aren't enough votes!!

[juju44] 15/2/2021 14:00

Could see a decent advance this week

[bibdaddy] 13/2/2021 14:00

Thank you.

[juju44] 13/2/2021 12:02

I typed my instruction in the secure message box and they confirmed they had actioned it

[jbe81] 13/2/2021 11:46

Bibdaddy with ii you need to call them and instruct them to vote for the resolutions

[bibdaddy] 13/2/2021 11:25

Thanks for your reply. I have done that and there is no option to vote or any information on the AGM at all. I will have to contact II- annoying!

[paulwinter10] 13/2/2021 10:50

See you at the EGM. I have been with ormonde for the long term- 25years. I plan to pass on my shares to my daughter who is now in University! Congo is a long way away, and I thought there might be gold prospects in Spain.

Then, I had planned to visit the mine in Spain!

Take a chance on the Eurolotto for your portfolio- nearing €200m. If you're not in, you can't win! Ha Ha fat chance!

Enjoy St Valentine's Day with your loved ones!

Keep on trucking,

Kind regards,

Paul Winter.

[juju44] 13/2/2021 10:25

bibdaddy , Go to the site . Click on to Account in top right corner , scroll down to Secure Messages and type your instruction . Ask for confirmation

[bibdaddy] 13/2/2021 09:55

I have a holding through II. I wish to vote by Tuesday but there are no options for me to do so when I look at my account. Am I being gormless? If any holder have their portfolio with II would you please advise me what to do?

[rakitom] 12/2/2021 14:22

Ormonde Mining said it has advanced negotiations for a potential acquisition that will see it have the rights to acquire up to an 80 per cent interest in two exploitation licenses in the Republic of the Congo.

But the pandemic and discussions with a large shareholder have slowed down progress, the company said.

The potential acquisition was announced in September, and could cost up to $800,000 in Ormonde shares and cash on closing, with further payments conditional on the achievement of key technical and administrative project milestones.

The licenses cover multiple high grade copper and polymetallic development and exploration projects in a highly prospective and underexplored district in the region.

“Very significant progress has been made in these areas,” the company said in a statement. “However, progress to completion has been slowed somewhat resulting from the impact of the pandemic and ongoing discussions with the Company’s largest shareholder.

The licences include a copper-lead-zinc deposit, recovering direct shipping ore grade material and a copper-silver deposit with mineralisation over a 1.2 kilometre strike length, among others.

Ormonde said the terms of the transaction are at a late stage of negotiation and remain subject to change, although it has focused on minimising share dilution and execution risk for Ormonde.

“The deal we are working to conclude is on a group of principally copper assets, with exceptional potential. Completion of this deal will deliver on the company’s stated strategy of generating immediate value accretion for shareholders,” said Jonathan Henry, executive chairman. “ We look forward to finalising and completing the transaction and fast tracking the assets towards development, positive cashflow and earnings with our new partners, including the supportive government of the Republic of the Congo, and look forward to updating shareholders as soon as possible.”

Shares were trading at €0.022 cent on Thursday afternoon in Dublin, after hitting €0.018 earlier in the week.

[rakitom] 12/2/2021 14:20

Ormonde Mining said it has advanced negotiations for a potential acquisition that will see it have the rights to acquire up to an 80 per cent interest in two exploitation licenses in the Republic of the Congo.

But the pandemic and discussions with a large shareholder have slowed down progress, the company said.

The potential acquisition was announced in September, and could cost up to $800,000 in Ormonde shares and cash on closing, with further payments conditional on the achievement of key technical and administrative project milestones.

The licenses cover multiple high grade copper and polymetallic development and exploration projects in a highly prospective and underexplored district in the region.

“Very significant progress has been made in these areas,” the company said in a statement. “However, progress to completion has been slowed somewhat resulting from the impact of the pandemic and ongoing discussions with the Company’s largest shareholder.

The licences include a copper-lead-zinc deposit, recovering direct shipping ore grade material and a copper-silver deposit with mineralisation over a 1.2 kilometre strike length, among others.

Ormonde said the terms of the transaction are at a late stage of negotiation and remain subject to change, although it has focused on minimising share dilution and execution risk for Ormonde.

“The deal we are working to conclude is on a group of principally copper assets, with exceptional potential. Completion of this deal will deliver on the company’s stated strategy of generating immediate value accretion for shareholders,” said Jonathan Henry, executive chairman. “ We look forward to finalising and completing the transaction and fast tracking the assets towards development, positive cashflow and earnings with our new partners, including the supportive government of the Republic of the Congo, and look forward to updating shareholders as soon as possible.”

Shares were trading at €0.022 cent on Thursday afternoon in Dublin, after hitting €0.018 earlier in the week.

[willir20] 09/2/2021 23:18

Re voting.
Since the deadline for receipt of our votes is two days earlier than the EGM/AGM, thus 11.00am on Tues.16th Feb (general meeting 18th Feb), I would urge that investors keen to help move everything forward by participating in the vote now consider ringing their broker if there is no official communication and course of action shown on the respective broker website re the vote. Halifax, Interactive Investor and Equiniti (formerly Selftrade) are displaying nothing about the Ormonde EGM or the vote. Requesting action through a secure message is, I have discovered, not a reliable course of action, as you may encounter a time lag of up to five days before the message is read and passed on. That could mean your voting instructions are not picked up and dealt with in time to be counted. Admittedly, a phone call to your broker may oblige you to hold for while until an adviser is free, but this approach does then guarantee much speedier action, as your voting intentions will be relayed in-house directly to the corporate team during or immediately after the telephone conversation.

[juju44] 09/2/2021 12:15

Mine was with II . Leave secure message - easy

[petomi] 09/2/2021 10:42

It was pretty easy on Barclays Stockbrokers - just click corporate actions where it shows by the holding and a couple of buttons and it's done

GLA