ORR 0.00% 56.5¢ orecorp limited

Firstly I am a PRU shareholder. I am not sure why any one would...

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    Firstly I am a PRU shareholder.

    I am not sure why any one would consider PRUs all cash offer as not superior to the SVM offer. It is higher value. All cash, no script risk. SVM script is not ASX listed.

    If the only argument against it is "no stake in Nyanzaga Gold Project" going forward. Buying PRU shares with your proceeds would be the obvious solution. They can pay for the project out of cash held. Are making 100m+ USD every quarter. Have great experience building African mines. Are ASX listed and pay dividends.

    I was expecting a higher offer from PRU and I expect more to come. But PRU is clearly in the better position. I would like to see the ORR BOD rationale for claiming it is not superior. Seems strange to me.
 
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