ORN 0.00% 1.5¢ orion minerals ltd

Ann: Proposed Acquisition Consolidation of Premier SA Cu District, page-5

  1. 51 Posts.
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    I think financing is tied to a strategic partnership with Sibanye. Sibanye y/e results will be released on 18 Feb.
    With expected HEPS of R10 and a share price of R60 I expect a sharp rerating of share price to above R100p/s.
    A deal with Orion will exert slight downward pressure on Sibanye share price as it is relatively small, but Niel
    Froneman will probably wait for a rerate before announcing this deal.
 
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