ORN 6.67% 1.6¢ orion minerals ltd

Ann: Appendix 3B, page-10

  1. 125 Posts.
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    Hey Matt`, this microcap stock can either go bust or pay us as a multibagger, I`m hoping for the latter. Been holding for a couple of years myself.
    Definitely been a long haul so understand your frustration, but the challenge imo was always going to be the +- AUS$400 Million required funding!
    At least we dont need to do the work of finding investors, we just need to trust that the network of the major shareholders and management can sell the project to several interested parties (hoping for at least one though), and when that happens (eternal optimist) the SP will take off. Furthermore as Geeenius alluded to, if we also get some nice exploration hits before (definitely will help the funding case) or after funding, there can be a LOT more upside, hopefully significant!
    My only concerns are the world economy, which is no Usain Bolt at the moment, and the current subdued copper price which negatively impacts the projects BFS... so we really need the stars to align, but hey the company is hopefully called ORION for a reason!

 
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