British Billionaire injects new energy into ORN, page-3

Yes skdance2000 ORN appears to be a nice narrative / story stock IMO. A precis follows, but you could also review the recent 'Investor Presentation/s' for starters: https://hotcopper.com.au/threads/ann-investor-presentation.7374727/ , & https://hotcopper.com.au/threads/orn-presentation-rising-stars-conference-2023.7399854/

Orion has secured backing from Clover Alloys, which has deep pockets and experience. Clover is run by Phillip Kotze, a man described as South Africa’s equivalent of Chris Ellison, the human bulldozer behind the highly successful Australian iron ore, lithium and mining services business.

ORN is starting preparation for copper mining at Prieska, ( and another brownfield development asset/s in South Africa’s Northern Capea) right at the time that Copper is enjoying new-found demand as a battery metal with a price hovering just below US$4/lb after almost touching US$5/lb. .

They have secured a funding package, and a high-powered management team has been injected into the business.Their Shallow Mining Plan approach aims to target mining from the open pit & remnant pillars, while dewatering at lower levels is underway. Average annual undiscounted free cash flows is estimated at AUD32M

worth consideration ...