Ormonde Mining Share Discussion Threads

[cal57] 25/5/2022 19:49

Pi's selling out.Not surprising the lack of progress on a deal and lack of any updates or communication from the company.

[paulwinter10] 10/5/2022 15:50

Don't bank on crazy €220m euro lotto tonight or the BOD of Ormonde, unless you are on a lucky streak!

Crypto currencies are showing that they are not much good either!

If you're not in, you can't win!

Kind regards,

Paul

[novicetrade68] 10/5/2022 14:12

Perhaps ORM is on an extended May holiday - no further updates for over 6 months almost, the proposed CFO would also have to bring a small or medium size resource opportunity to the company as part of the package, makes one wonder where things stand atm.

[diamond_mountain] 06/5/2022 20:49

Result!
21% return - not too shabby. Have you suggested that the Ormonde BOD give it a go??

[paulwinter10] 06/5/2022 20:33

My group won €5 tonight! My years of running syndicates results in approximately 21% payback on money put in to the national and Euro lotteries. Great talking point if not anything else! Jackpot pending as of 21:30pm tonight. Is a mug's chance!

Kind regards,
Paul

[diamond_mountain] 06/5/2022 19:51

Let us know how you got on with the euro lotto Paul. I'm guessing the next we hear from Ormonde will be at the last possible moment with their prelim results, and only then because they have to.

[paulwinter10] 05/5/2022 16:28

Anyone have more interest in Tomorrow night's big lotto? €200m euro lotto. I'd drink to that!

[chassiemodo] 05/5/2022 13:16

One wonders what is going on not a bleep from this board. Its so unlike Mr T.

[cal57] 05/5/2022 11:20

Are the board hibernating?

[cal57] 29/4/2022 16:22

I've only been a shareholder for 3 years but it feels like decades.

[cal57] 29/4/2022 15:42

Last meeting was September 21 no news at all from the company since last year. 6 September 2021Ormonde Mi n i ng p lc("Or m onde" or "the C o m pany ")Reconvening of AGM and Letter from the Executive ChairThe Company announces the reconvening of its adjourned Annual General Meeting ("AGM") on Thursday, 30 September 2021 at 11 a.m. IST/BST, at the Carlton Hotel Blanchardstown, Dublin 15, Ireland.

[paulwinter10] 29/4/2022 08:09

What's is the board's game plan? I have been a shareholder for decades, and followed mining exploration in the Baja peninsula in Mexico and search for gold near Lake Victoria in Nigeria, and then the tungsten mine in Spain.

I thought returns from Ormonde might fund my children's education and now my pension pot in the near future!

Will there be a shareholder meeting in Dublin soon?



I might get a better return with tonight's €160m eurolotto! I'm a cinch for that cause!

Yours sincerely,

Paul

[cal57] 29/4/2022 07:39

Still waiting patiently for the board to utilise its balance sheet and deliver a strategy creating meaningful shareholder value as was promised.

[imjustdandy] 05/4/2022 04:55

Strong buy based on Last Nov update This was the last update from ORM nearly 4 months ago . Reads well but update must be due v soon on the "meaningful shareholder value""The new Board is acutely aware that shareholders have been waiting a long time for the Company to deliver a return to shareholders and, more recently, to utilise its balance sheet and deliver a strategy creating meaningful shareholder value. Working with Brendan, our priority is to evaluate and execute an opportunity or opportunities whereby Ormonde can leverage its listing and balance sheet to generate shareholder value. We will do this alongside reviewing the Company's existing assets to maximise opportunities therein, while placing a strong emphasis on cash preservation."

[imjustdandy] 04/4/2022 17:28

Hopefully through 1p tomorrow.

[imjustdandy] 04/4/2022 12:35

If it was, it didn't work.

[diamond_mountain] 04/4/2022 12:15

Are you suggesting the market was somehow manipulated to facilitate cheap buying by an investor who already has effective control of the company via his shareholding and board control? Surely that's not allowed.

[imjustdandy] 04/4/2022 10:22

And back over a penny today on no volume. Roll on Tomorrow

[imjustdandy] 03/4/2022 06:37

I wonder if the activity last week was Tom Anderson again?

2nd January 2022: Veteran stock market investor Tom Anderson: has been building his stake in Ormonde steadily over the last two years. Picture: Jason Clarke
Tom Anderson, the veteran stock market investor, has pushed his stake in Ormonde Mining to 24.41 per cent, further boosting his influence over the company.

Anderson, who is a member of the Ward Anderson cinema dynasty, and the owner of the Empire Cinemas chain in Britain, now has a stake which is worth just over €1 million at the company’s current share price of just below 1 cent.

He has been building his stake steadily...

[imjustdandy] 02/4/2022 07:50

Market cap is slightly below £3m now. Has to be on the multi bagger list for 2022

[imjustdandy] 01/4/2022 18:18

Last meaningful update / strategy Brian Timmons, Non-Executive Chairman, commented:"The new Board is acutely aware that shareholders have been waiting a long time for the Company to deliver a return to shareholders and, more recently, to utilise its balance sheet and deliver a strategy creating meaningful shareholder value. Working with Brendan, our priority is to evaluate and execute an opportunity or opportunities whereby Ormonde can leverage its listing and balance sheet to generate shareholder value. We will do this alongside reviewing the Company's existing assets to maximise opportunities therein, while placing a strong emphasis on cash preservation."

[cal57] 01/4/2022 18:05

Ormonde announces that the Directors of the Company have, for the time being, elected to waive their entitlement to directors' fees and to grant share options to certain directors and employees in accordance with the rules of Ormonde's Share Option Plan, which was approved by shareholders on 27 September 2018. The decision on Directors' fees will be reviewed in line with future developments in the Company's strategy.

[gb904150] 01/4/2022 14:46

That's what people thought at £5m cash and £5m mcap :)

Glacial progress here. No updates. But I'm sure the BOD are still drawing salaries.

Still Tom Anderson holds 24% or so....so at least there is alignment to actually do something now!

[imjustdandy] 01/4/2022 13:56

Very little downside. £3m cash Vs £3.4m Mkt Cap

[cal57] 01/4/2022 13:45

Yes the buying would suggest news is close.