ORS 0.00% 1.3¢ octagonal resources limited

You also had a sell sentiment at 0.9c for a period. I'm...

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  1. 2,628 Posts.
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    You also had a sell sentiment at 0.9c for a period.

    I'm comfortable holding presently and even a sale eventually at the AYC capital raising price is better than the current 1.4c.

    With potential upside as well. ORS holders don't have to hold too long term to potentially do quite a bit better.

    Always risk in any investment, but no reason there won't be an exit at 3c possibly if the decline is successful and production does start on time.

    Can't recall how much was underwritten by Patersons, but remember that there is up to $1m draw down into shares at 2.4c with the underground contractor.

    So all should be good until March and commencement of production, unless something does not go to plan.

    And ORS holders get their shares in late February and then can monitor things from there.
 
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