Ormonde Mining Share Discussion Threads

[thags] 24/2/2021 17:29

Been following this one for a while, any tips on an entry point with such a wide spread

[walkerjameswalker] 24/2/2021 17:21

Why the selling? Should be buying!!!

[inthemix] 19/2/2021 10:17

A company very similar to this is KAT just further on at the sampling stage and targeting nickel. Worth a look guys, I have a small position here holding long term just to add.

[croxie] 19/2/2021 08:53

The point is whether you pay in cash or shares now, at some point you will need to fundraise and dilute....surly the answer is looking at the economics of both options...

obviously you will want to dilute with a higher share price so perhaps that needs to be the aim

[32campomar] 19/2/2021 08:20

Yep, copper is on fire. The main shareholder is not wanting the acquisition to be paid for in shares. Can see his point, money is cheap so why not at least in part fund by debt? We have the cash to do it too. Either way the BOD should just get it done, a new copper play would go down really well with the market. I bought back yesterday once we knew we weren't going to be delisted and really excited for the next few weeks!

[jbe81] 19/2/2021 08:03

Now no risk of delisting would expect a few to buy back pre a deal being announced, should multibag if they get the copper deal

[astubbs67602] 18/2/2021 15:55

I sold out at 2 and now it's going to cost me to buy back in :o( been in and out of ORM more times than my sock drawer and determined not to miss the fun

[32campomar] 18/2/2021 14:32

Main worry of delisting gone away. That's a massive relief. I have bought back in. Time to but. the copper assets in cash. Copper is on fire

[paulwinter10] 18/2/2021 10:10

anyone have login details? I left them at home!

[croxie] 18/2/2021 09:42

Sorry Nash - my bad

[nash81] 18/2/2021 09:38

egm still go ahead

[croxie] 18/2/2021 09:25

its cancelled - see the RNS

[paulwinter10] 18/2/2021 09:24

Can anyone give me the login details for the meeting at 11am, please?

I am at work today.

Kind regards,

Paul Winter, Dublin

[nash81] 18/2/2021 09:11

sp rising back

[p@] 18/2/2021 09:05

Cash would be better in Bitcoin,sod the mining!.....LOL

[nash81] 18/2/2021 08:31

agree, TA will start buying and make bid. our tax losses is huge round 30m
while mcap still cheap plus cash around 6m

yes, short term pain but only if you impatient

time to add here

[walkerjameswalker] 18/2/2021 08:09

Great buying opportunity..

[jbe81] 18/2/2021 07:59

Looks to me like TA will make a bid

[cal57] 18/2/2021 07:59

Yes and risking a transformational deal for the company and a share price drop.Don't know how that helps any shareholder.

[32campomar] 18/2/2021 07:57

Loads of cash shells on the market without the hassle that this one has with a large shareholder who holds everything up and can't agree to anything.

[croxie] 18/2/2021 07:56

Anderson? what is he trying to achieve? protecting dilution?

[talkman2] 18/2/2021 07:56

It has cash so downside is limited .

[croxie] 18/2/2021 07:55

Which shareholder is holding this up?

[cal57] 18/2/2021 07:38

The good news is enough votes so no delisting