Morning Traders Thursday 21st July, page-112

It got a bit of a mention on sky business this morning.

Apparently their quarterly production was out yesterday.

They are part of some sort of holding company that runs the mine, and money from sales goes to the holding company and not directly to ORE.

Cashflow therefore does not go directly to ORE and this can only be followed by yearly and half yearly reports.

Market being worried about cashflow.

I don't look at the stock so I couldn't tell you whether it's a buy or not

One analyst says the SP fall makes it a screaming buy. The Patersons analyst has a valuation of $3. These were 2 of the opinions given.