ORR 0.00% 56.5¢ orecorp limited

Ann: Scoping Study Confirms Potential of Nyanzaga & MRE Upgrade-ORR.AX, page-102

  1. 4,301 Posts.
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    Not a huge concern for me that it didn't trade at all. Eventually someone of even moderate size will want shares and will have to bid it up. They won't be raising capital for a long time.

    Having an asset that has already been drilled out a lot means we don't see the drill hole excitement that draws in the short term speculators. Potentially some of the satellite targets will be drilled in the next couple of quarters and that might change things.

    Surprised that it didn't see much interest even after presenting in Denver. I guess anyone interested is likely to go away and study the company further before investing.
 
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Currently unlisted public company.

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