ORR 0.00% 56.5¢ orecorp limited

The main thing I like about these guys is their ability to...

  1. 4,309 Posts.
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    The main thing I like about these guys is their ability to conserve cash and protect holders from equity raisings. There hasn't been a raising in the last two years from what I can tell. That's what happens when the directors own 41% of the stock.

    They only burned A$838K in the quarter despite completing the resource re-estimation. They have reiterated they have cash for the completion of the scoping study and beginning of the PFS, although I'd expect a capital raising once the scoping study is complete.
 
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Currently unlisted public company.

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