Orsu Metals Share Discussion Threads

[tidy 2] 11/4/2016 22:23

Bought more here before close. Limited free float now. Game on here. Minimum 3.5p IMO.

[nerdofsteel] 11/4/2016 21:02

putting mine back into MTR as big news due there again shortly.

[guyswonga74] 11/4/2016 18:46

Should continue strongly now fundamentals have improved massively. Could be a 30-40% rise day

[tidy 2] 11/4/2016 18:20

Should continue to rerate here. Tsx 75% ATM which is 1.9p here. More tomoz me thinks.

[guyswonga74] 11/4/2016 16:58

Tsx showing 0.35. Fundamentals significantly enhanced. 2.5 a3p fair value especially if today's seller is out

[tidy 2] 11/4/2016 15:15

TSX Equivalent price 2.17p ATM

[tidy 2] 11/4/2016 14:57

Good volume there also.

[mortimer7] 11/4/2016 14:47

Marked up 100% on opening in Toronto. Last close was $0.02, now $0.04.

[recordz] 11/4/2016 14:33

Any wispers in the city.? 😜

[tidy 2] 11/4/2016 13:54

Let's pick up the pace then my lovelies

[tidy 2] 11/4/2016 13:46

As of 2015-09-30 iin GBP, total current assets £7.0M minus total current liabilities £1.0M minus £1.1M for admin costs since last update gives net current assets of £4.9M or 2.7p

[tidy 2] 11/4/2016 13:12

Liking the daily on this !!

[barnetpeter] 11/4/2016 12:39

an initial consideration of US$7.75 million, plus
-- deferred consideration of up to US$2 million


All true yaniktoo.....although an initial fee is to be paid soon.

What it does do is to take away all the costs of developing this project. So the approx. $5 million in the bank can stay there.

[yaniktoo] 11/4/2016 12:31

Don't expect mcap to equal cash yet as Orsu have indicated they will continue to be in operation looking for further projects to invest in (fritter money away on??)

Also the deal signed is CONDITIONAL. So the share price needs to be at some discount to the cash in order to give shareholders some upside for the risk of holding the shares.
Given how slow the Kazakh authorities work, the deal might not be in the bag for a few months yet.

David Invest might come back and take the Kyrgyz project off them for some small sum.

I can't believe that some rampers believe that ORSU is still a 5x+ multi-bagger!!

3.5 p looks like fair value for Orsu for the time being.

[barnetpeter] 11/4/2016 12:04

As at December 31, 2015 the Company had cash and cash equivalents of $4.7 million

Add another 8 million dollars and we get 12 million aprox... a huge discount even after this rise.

[barnetpeter] 11/4/2016 11:44

Anyone want to estimate the cash per share should the sale go through?

6 pence approx...??

Someone is going to want to buy these as a shell at a big discount to cash and with tax losses and a listing???

[mortimer7] 11/4/2016 10:52

Should get some impetus when Canada opens 2.30pm UK time

[yaniktoo] 11/4/2016 09:31

Rossannan

Even at a 50% discount to expected cash at year-end, the share price should be double what it is now.

If the share price does pop x2, cash out and let someone else bet on the putative remaining value of Orsu.