ORR orecorp limited
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Ann: Nyanzaga Project Update - Completion of Earn-in Phase, page-3

  1. ciccos
    1,259 Posts.
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    20/07/18
    09:55
    Post #: 34468641
    Not sure how to feel about this. ORR at least had 15m to use for acquisitions. Now it seems that it's TZ or bust, which is fine, but TZ isn't exactly moving at a rate of knots. Now They would surely have >5m and 100% of a (currently) handicapped project.

    Good on management for getting the deal done though, TZ political mess aside it seems like this was done on favourable terms. Not sure how much of a choice Acacia had, though.
    ORR Price at posting: 17.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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