Orsu Metals Share Discussion Threads

[geymar] 29/3/2015 22:10

spending $3-5m per annum

so the cash won't last long

[mabwhittle] 29/3/2015 21:48

OSU share price is 1.05p

OSU CASH IS £5.1 MILLION FROM THE RESULTS RELEASED ON FRIDAY

To be equal to its cash OSU share price should be 2.8p.

OSU SHARE PRICE HAS TO RISE 2.7x JUST TO EQUAL CASH

OSU have a sale agreement for their Akdjol - Tokhtazan gold licence, for £3.1 Million, deadline 7/4/15 which would mean total cash of £8.2 Million.

OSU SHARE PRICE WOULD HAVE TO RISE TO 4.5p WHICH IS 4.3x FROM THE CURRENT LEVEL JUST TO EQUAL CASH

OSU have the Karchiga Copper asset, permitted for production of copper, with a NPV(8) of $150 Million. Copper price now of $2.80 against $3.25 price for feasibility.

WHEN KING COPPER PRICE INCREASES, KARCHIGA IS VERY ATTRACTIVE BEING FULLY PERMITTED, MODERATE CAP-EX AND ON THE BORDER WITH CHINA.

OSU should be on your watchlist.

mabwhittle
March 2015

[the stigologist] 23/3/2015 14:58

should go back to 0.5p now

[magnus9] 12/3/2015 12:57

Kurzin's curse strikes again.

[magnus9] 30/1/2015 11:09

Looks like this is going the way of Everfor Diamonds - another Kurzin fiasco.

[the stigologist] 18/11/2014 09:24

people who only follow Topinfo trade small because they have had their portfolios decimated following Topinfo !


the_boy_plunger
18 Nov'14 - 09:14 - 467182 of 467188 0 0

OSU

10255 bought 2.689
10255 sold 1.265
good job they trade small

[21trader] 17/11/2014 14:25

Pump.............dump......flopinfo style

[21trader] 17/11/2014 14:09

Where are you getting that online limits from ?

[topinfo] 17/11/2014 14:08

Hatey just think if you had listened to Tops earlier you might have even made some money here lmao

[topinfo] 17/11/2014 14:07

OSU wow limits can sell 375k and cant buy even 10k

[21trader] 17/11/2014 14:02

Please tell me you are not the 15,000 buyer lol

[topinfo] 17/11/2014 13:57

Orsu Metals Corporation: New Exclusivity Agreement for Potential Sale of Akdjol-Tokhtazan Project

LONDON, UNITED KINGDOM--(Marketwired - Nov. 17, 2014) - Orsu Metals Corporation ("Orsu" or the "Company"), the London-based dual listed (TSX:OSU)(AIM:OSU) base and precious metals exploration and development company, today announces that it has entered into a new conditional exclusivity agreement (the "Exclusivity Agreement") with David-Invest LLP ("David-Invest"), a Kyrgyz registered company, and a related company, David Way Limited ("David Way"), a Hong Kong registered company (together the "Potential Buyers") with a view to the potential sale of its Akdjol and Tokhtazan gold exploration licences in Kyrgyzstan (together the "Akdjol-Tokhtazan Project").

The Company has re-negotiated the terms of the Exclusivity Agreement previously agreed with the Potential Buyers and, in particular, the purchase price of the Akdjol-Tokhtazan Project has been increased to US$5 million (from US$4.5 million). The key terms of the Exclusivity Agreement are:

the Potential Buyers have been granted an exclusive right to purchase the Akdjol-Tokhtazan Project until April 7, 2015 (the "Exclusivity Period") conditional upon the Potential Buyers continuing to fund the costs of maintaining the licence;

the Potential Buyers have the option to purchase the Akdjol-Tokhtazan Project at any time on or before the expiry of the Exclusivity Period for a consideration of US$5.0 million. The previous non-refundable deposits of US$400,000 received by the Company during 2014, will be applied against the consideration in the event of any sale;

the Potential Buyers will fund the exploration programme for the Akdjol-Tokhtazan Project licences (which are due to expire on December 31, 2015) on a non-refundable basis for the Exclusivity Period; and

the Potential Buyers have the right to terminate the Exclusivity Agreement at any time, and Orsu has the right to terminate the Exclusivity Agreement in the event of non-fulfilment of the obligation to fund the costs of maintaining the licence.

Other than as described above, there have been no significant changes to the terms of the previous exclusivity agreements signed in 2012, 2013 and 2014.

The Company will apply any proceeds from a sale to working capital and identification of other early stage exploration opportunities consistent with the Company's strategy.

Management believe that in the absence of any other firm proposals from other interested parties and given the continuing difficult market conditions facing junior mining and exploration companies, and the specific challenges relating to assets within certain countries of the Former Soviet Union such as Kyrgyzstan, the Exclusivity Agreement represents the best prospect for achieving the disposal of the Akdjol-Tokhtazan Project available to the Company at this time and for the foreseeable future.

FORWARD-LOOKING INFORMATION

This press release contains forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information contained or referred to in this press release includes, but may not be limited to, the potential sale of the Licences and the timing and terms thereof, as well as the Company's expectations relating to the use of any proceeds received from such sale.

Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to, the inability to maintain the Licences and any required permits, authorizations and/or approvals from the appropriate regulatory authorities, and other risks relating to the regulatory framework in Kyrgyzstan, adverse changes in the laws or political environment in Kyrgyzstan, adverse changes in commodities prices, as well as certain other risks set out in the Company's public documents, including its annual information form dated March 24, 2014, filed under the Company's profile on SEDAR at www.sedar.com.

The forward-looking information in this press release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this press release, the Company has made assumptions about: the Company's business, the economy and the mineral resources development and extraction industry in general; and the Company's ability to maintain the Licences. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein. Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise.

Kevin Denham
Chief Financial Officer and Company Secretary
Orsu Metals Corporation
Tel: [phone]
www.orsumetals.com

Neil Elliot or Ryan Gaffney
Canaccord Genuity Limited
Tel: [phone]

Vanguard Shareholder Solutions
Tel: [phone]

[topinfo] 17/11/2014 13:57

Rns out in Canada and looks very positive

The Company has re-negotiated the terms of the Exclusivity Agreement previously agreed with the Potential Buyers and, in particular, the purchase price of the Akdjol-Tokhtazan Project has been increased to US$5 million (from US$4.5 million). The key terms of the Exclusivity Agreement are:

[mozii] 15/10/2014 20:48

don't waste ur time here, check POG and get in now

[krr13] 15/10/2014 15:08

Not a great RNS in these markets

[the stigologist] 14/10/2014 16:04

shadow of death looming over this one now

[the stigologist] 13/10/2014 08:09

very quiet on JQW and KIBO after they were his 'stocks of the week' just a couple of weeks ago !

[21trader] 13/10/2014 07:53

Every pump and dump he does is called the most undervalued stock on the market
and all of them quickly become 25% losers then 50% then 75% like Bhr and Bmz