ORP 2.94% 6.6¢ orpheus uranium limited

Ann: RIU Sydney Resources Round Up Conference Presentation, page-15

  1. 864 Posts.
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    This from the Adelaide press dated 21/12/2023.

    "Unley-based Argonaut Resources also jumped on the rising price of yellowcake, today announcing a $3.25 million raise to advance its uranium projects.The company – which will soon change its name to Orpheus Uranium – said it had already received firm commitments for the raise and will use the funds for further exploration of its South Australia and Northern Territory uranium projects.“We are delighted with the support from both existing and new shareholders in securing funding which allows us to plan a very active exploration program for 2024,” Argonaut executive chairman Mick Billing said.“We have a number of very exciting uranium projects in the Frome Embayment in South Australia, along with Mt Douglas in the Northern Territory, which we plan to drill next year, starting with the Erudina prospect, which we expect to drill in April".

    We are months behind schedule due to apparent delays in government permitting but phrases of "drilling in 2/3 weeks" and "imminently" respectively from the chairman and new ceo at recent presentations sends what kind of message?

    What the hell is going on with this company?
 
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