Ormonde Mining Share Discussion Threads

[cal57] 02/7/2021 17:25

Just to add further in case anyone thought that was a deramp the tax loss can be used to offset profits for tax purposes.

[imjustdandy] 02/7/2021 15:00

Trade at cash levels. 4m cash in bank

[cal57] 02/7/2021 07:37

Yes and market Cap of around £5m and £30m loss sitting on the books.

[imjustdandy] 02/7/2021 06:47

Tom Anderson is the Chairman of Dunraven resources. Just join up the dots. Simple. Circle oil coming back to the market through RTO of ORM

[imjustdandy] 02/7/2021 06:40

McMorrow is ex FD of Circle oil. He's a Director of Dunraven resources which has secured exciting assets through its now wholly owned subsidiary circle oil. Looks nailed on that Dunraven will be reversed into ORM.

[imjustdandy] 02/7/2021 06:27

Looks like Tom Anderson wants the Hugely Successful Circle Oil team in place here. I think he's going to get his way which will multi bag this share price from 1p. McMorrow was FD of Circle Oil. What this space as corporate action shakes up this sleepy management team.

[juju44] 28/6/2021 11:16

Enough is enough

[paulwinter10] 21/6/2021 11:04

Metals are at all time high. I would like to hear Ormonde's strategy for the next 3 years. I have held shares in Ormonde since in my 20's. I am now 61 and nearing retirement!

I have read that we are due a major recession, and maybe we should wait with our cash to ride out the recession with a purchase then.

The is a drive for sustainable and fair mining. I think we are well staying away from the Congo mines!

I've seen many directors come and go, some very qualified and experienced. Kerr Anderson was a miner whom I admired, rip.

kind regards, Paul Winter

[grimreaper2019] 21/6/2021 06:55

Cash now below 5m Euros, they have eaten through 1m Euros basically doing nothing, worse still they say acquisitions are now more expensive and they have lost 'competitive advantage'

They still want authority to issue shares so their intent is to dilute equity holders, do you really think the major shareholders will allow them to do that ?

Yet another AIM dog management team.

[p@] 21/6/2021 06:29

So which way should we vote for the issuelng of shares this time?

[cantrememberthis2] 01/6/2021 08:17

Again

Another Bagger in the making

[juju44] 26/5/2021 14:10

They have missed the boat - all bargains have been gobbled up . Clueless

[cantrememberthis2] 26/5/2021 14:05

Initial Chips in

23% holder

Playing blocking game

Tax losses from previous years...

Board clueless...

GREAT

[cal57] 26/5/2021 07:23

The irony is he seemed concerned with how the deal was funded and dilution and look at the share price now after the deal fell through.

[cal57] 26/5/2021 07:20

Can only hope he knew what he was doing because on the face of it the deal was significant and exceptional for the company and shareholders.

[32campomar] 26/5/2021 07:01

Don't think he will be forgiven for blocking the Copper deal. As the BOD rightly make clear, lots of junior miners are now cashed up and as such there is much more competition for assets than there was 12 months ago.

[cal57] 26/5/2021 06:43

Nothing new in results.TA increased his holding which may be significant after the last deal fell through.Need to find a new investment opportunity sooner rather than later because the cash in bank is just being used on salaries and ongoing costs and won't last forever.

[cal57] 18/5/2021 15:09

Think we've seen the bottom .Maybe news of a new deal is on the cards.

[imjustdandy] 18/5/2021 14:58

twitter saying this is trading at cash

[cal57] 18/5/2021 13:03

Quiet for a while and then price ticks up and 1m buy appears.

[novicetrade68] 05/5/2021 14:09

Good value from here, but really needs some news to see interest return again..

[space_dust] 09/4/2021 12:00

ORM short term target 1.8p according to Zak Mir today