Share Name Share Symbol Market Type Share ISIN Share Description
Ortac Res. LSE:OTC London Ordinary Share VGG6829M1187 ORDS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 2.375p 2.25p 2.50p 2.375p 2.375p 2.375p 222,742 07:31:17
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -0.8 -1.2 - 5.55

Ortac Res. Share Discussion Threads

Showing 13626 to 13647 of 13650 messages
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DateSubjectAuthorDiscuss
20/11/2017
15:24
The way i look at option grants for the big boys is, how much is the share price going to have to go up to give them a nice £1m bung and in this case it looks like over 10p
the stigologist
20/11/2017
08:03
Me too. I'm hoping for a bit more weakness to raise my holding
1savvyinvestor
19/11/2017
11:50
Agree with you STIGGY on all those excellent points
cpap man
19/11/2017
11:46
The Stigologist19 Nov '17 - 10:11 - 4166 of 4166 1 0 OTC major backlog of news now 1. Drill results of ongoing campaign 2. Name change coming which should get market to reappraise what is in effect an RTO 3. Potential Zamsort Cobalt news and Corporate Action 4. Potential divestiture of other assets (which they've spent $30m on, so should get at least some decent payback)
cpap man
17/11/2017
14:43
anticipation of next weeks drill results I expect
the stigologist
17/11/2017
00:13
"Results are pending for completed holes MSDD0114 and MSDD0115 and are expected within 2 to 3 weeks. Drill holes MSDD0116 and MSDD0117 are in progress, testing northern extensions to, and continuity of grade within, the current open pittable resource, with visible gold logged in diamond drill hole MSDD0117"
the stigologist
16/11/2017
22:48
Yep and drilling also in progress so further assays following the ones due
maverick247
16/11/2017
22:45
Last drill results about 2 weeks ago. Should be some more coming through 'imminently'. Market has ignored/inured to the 'visible gold' hints.
the stigologist
16/11/2017
22:38
Placing churn being worked then its free to move, easy money to be made here short or long term imo
maverick247
15/11/2017
12:43
They confirmed in recent Proactive Video they will change name 'soon'
the stigologist
15/11/2017
12:26
Also I'm pretty sure that we will get a renaming. Maybe they should rename it casa!!
1savvyinvestor
15/11/2017
12:14
thanks Stig. As often companies with a bad track record get taken over by better people. The guys from Casa are definitely worth following in my view. Is paternoster saveable by someone taking over as well?
1savvyinvestor
15/11/2017
12:11
Track record irrelevant. Agree it's been trash. Unfocused. Lifestyle vehicle. New Management. New focus. Cycle for those commodities in ascendant. It's a stealth RTO of CASA in effect (and maybe Zamsort down the line) Value of this has not been discounted. Grades make mines and those latest ones were step change in quality/width.
the stigologist
15/11/2017
12:01
stig. Interested in what you think here. You seem to either love a company or hate it! I have been quiet on PHE as I met Keith Allaun and thought him a nice guy; however I agree with you that it is doomed to failure. Seen you before dismissing companies. Ortac doesn't have a great track record and neither do PRS who are invested in them. Casa on the other hand is brilliantly run and the guys behind it really know how to create value. Thats why I personally feel this is a conviction buy...interested to hear your reasons for supporting it.
1savvyinvestor
14/11/2017
08:19
For anyone looking at a high risk high potential outcome this has to be one the best out there. Market cap of casa alone should be minimum £5 million and could end up being worth over £1 billion
1savvyinvestor
13/11/2017
07:20
Extract from todays RNS from large shareholder in OTC namely PRS Ortac Resources Limited ("Ortac") One of Ortac's's principal investments, Casa Mining Limited, has recently received some encouraging results from the first two diamond core drill hole assays taken from the expansion and infill drill programme currently underway at the 1.5 Moz Akyanga gold deposit ("Akyanga") in the Democratic Republic of the Congo ("DRC"). Ortac has also recently raised £1.7 million to fund further investments in its core African assets and has also announced 6 November 2017 that it will be seeking to increase its holding in Casa Mining Limited to 100% as part of its strategy to focus on its core assets.
cpap man
11/11/2017
09:48
For what it's worth I know the guy who set up Casa. He made me a fortune in an outfit called Copperbelt in drc. $4000 turned to $200000. I'm sure he will still be involved. I invested in Casa itself about 2 years ago so will now be a holder in ortac. I will be holding.
1savvyinvestor
10/11/2017
16:04
Agree stig and two drills turning now too
maverick247
10/11/2017
14:40
This is going to happen soon. Next week should see more drill news I reckon which is why they put out this precursor on a Friday.
the stigologist
10/11/2017
14:20
Actually have just read the documentation again ref: POST 797 and the "lock in" is actually 12 months! 1st 6 months hard and the 2nd 6 months soft [orderly market via the companies brokers]
cpap man
10/11/2017
14:10
You got it in one maverick247
cpap man
10/11/2017
13:52
So CASA have spent over $30m on Akyanga over the last 6 years and OTC mcap £4m :-)
maverick247
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