Personally, while reflecting on ORN's announcements over the...

Personally, while reflecting on ORN's announcements over the last few months, I am finding it hard to justify investing
any more dollars into any further capital raising and I wonder if anyone else is reaching a similar conclusion?

For me Prieska's DFS was highly disappointing especially so with the sudden CEO change in the following days.

The CEO change could have been handled a lot better IMO - I picture most people would have appreciated advanced
notice that a steady planned transition would occur in the weeks after the DFS was published. I wonder if the very big
shareholders had advanced warning of Errols departure and if not what was their reaction - time will tell I guess.

IMHO, with no mining experience, the funds required to mine the deeps copper are not consistent with a proper
investment return, especially when considering the risk and the waiting time required to get that return - obviously
the more money borrowed makes this view worse.

From my perspective, one is pretty much only getting back your initial investment, your extra capital raise money,
plus a very small bonus for your inconvenience if lucky. It doesn't help that any profits will have to be shared with the
many billions of shares on hand, if they don't get spent elsewhere.

Obviously returns improve if the copper price increases or the deposit is much bigger than mapped,
but either is not guaranteed, and a long wait time to find out.

At this point in time, my preference is that Prieska as a "fully permitted mine" is sold to another party, if there is one,
so we can use those funds to progress the Okeip copper project with less finance.

And at the same time do a 20 to 1 share consolidation, so that any future dilution is slowed.

All comments are welcome - I would appreciate reading a more positive opinion about the Prieska DFS.