If they do back something in, a resource project may well be the most likely outcome.
IG backed companies do like hiring consultants. Dragoman, Deloitte & now this. Not a lot to show for their efforts though.
Maybe IG woud have a bit more luck in the non-resources sector?
I also wonder if AGS will get a look at the projects generated by Linq.
I probably should poke a fork in my eye for even thinking about investing in another IG company, but the elements appear to be in place for a substantial re-rate for ORS IF they get the right project (i.e non-resource). That's an extremely big IF & the track record thus far, for the publically-listed resource companies at least, is not good. Still, if I can get some at the right price (under 0.1c for me) may be some trade potential there.
FO said:" ...has not sold one pound of uranium to date..."
Are you sure? Information in the public domain appears to contradict that. I'm tempted to try and get a look at that transcript.
