Orsu Metals Share Discussion Threads

[yaniktoo] 21/4/2016 11:17

When will MTR offload their stake? They haven't made any money on their investment.

[yaniktoo] 21/4/2016 11:07

Will Karasat Trading pay the deposit by Monday April 25?

[yaniktoo] 15/4/2016 06:15

The real question for punters in Orsu is whether or not Karasat Trading FZE is another David Invest.

What is the investment case for investing in Orsu now? That there will be cash of $10-12m at the end of the year?

There is no mention of returning cash to shareholders.

So that the management could invest in something else that will take a minimum of 5-10 years to develop?

BTW: It would have been smarter for Karasat Trading FZE to buy Orsu outright for $ 8-10m which would have been only 2-3x the market cap of Orsu, they wouldn't have to renegotiate the licenses and the current shareholders would have got cash in the bank.

[yaniktoo] 15/4/2016 04:56

I wonder if Karasat Trading FZE is connected with a previous Kazakh Director of Orsu?

In which case Orsu is selling Karchiga to someone who knows what he is buying.

Anyway, I love this phrase ""The sale of Karchiga, if completed, will provide the company with a platform to identify new potential opportunities to seek to create value for shareholders."

[tidy 2] 14/4/2016 08:59

ZAK MIR 3.75pTop UK Stocks Today 14-04-16 #CHL #ELA #EMH #MTR #OSU #TYRU #XEL @LseShareTalk youtu.be/gSGrPdIt0d4

[tidy 2] 14/4/2016 08:34

All buys here today guys

[tidy 2] 14/4/2016 06:42

OSU Sharepickers The share of the week with potentialhTTp://twitter.com/SharePickers

[tidy 2] 13/4/2016 14:03

Next target 2.5p MMS ready to let this go.

[yaniktoo] 13/4/2016 12:57

A lot of PI's will find trading on TSX to be a hassle and will dump their shares before May 11.

So expect some selling pressure till then.

There are a lot of uncertainties before the deal closes. The deal is conditional and several permits/agreements are needed from the Kazakh authorities. It is entirely possible that the deal is not closed before the year end.

Also, the management have said that they will look for opportunities to invest the cash. So the cash burn will continue indefinitely.

Back of the envelope calculations indicate that there will be about $ 10m in the bank when the deal closes. Value this at 50% so $ 5m.

This indicates a share price of 1.9p

For those that don't understand. Delisting from AIM does not mean you get your money back. The share will now be listed on TSX only and you can still enjoy the benefits of your investment in this great management team.

[barnetpeter] 13/4/2016 12:54

Got some at just over 1.5p. They are worth 6p IF all the sales go through. That is too big a discount....

[knicol46] 13/4/2016 12:43

mm's short of stock , cant buy!

[tidy 2] 13/4/2016 12:20

C&H on the monthly. Bounce looking good !!

[knicol46] 13/4/2016 12:06

last traded +9.9% if unable to buy apply market order

[tidy 2] 13/4/2016 12:02

3m cap 3m cash 10m asset sale. It's a buy then

[knicol46] 13/4/2016 11:51

Volume buying - 2p+ showing on book

[knicol46] 13/4/2016 11:42

Blue!! last traded +7.3% heading for 2p!

[knicol46] 13/4/2016 11:31

Offer increased sitting on 1.7p - afternoon rally

[knicol46] 13/4/2016 11:21

Well undervalue..

mcap around £2-£3m, cash at last report $4.7m (£3.3m)

Orsu has conditionally agreed to sell its 94.75% interest in its Karchiga Project
-- an initial consideration of US$7.75 million (£5.4m), plus
-- deferred consideration of up to US$2 million (£1.4m) based on recovery of VAT and relief obtained from accumulated tax losses

[tidy 2] 13/4/2016 10:10

Must be gearing up to move. Little bit of volume and she's away.

[knicol46] 13/4/2016 09:49

tick up coming - unable to buy £100

[tidy 2] 13/4/2016 08:10

Get ready to pounce.