Presentation is good. IGO putting in some money is a plus, but they have money to spare, and should things go pear-shaped could sell thier investment at a loss, but not a total loss.
Someone wrote that a lot of shares will be on the market soon. Are these escrowed?
Sorry i don't know....went to the Noosa Mining Event and heard the speaker who gave a good presso, but no different to the one I saw on video from May 2018.
I did notice that the mining grants WILL NOT be granted until july 2019 using a timeframe guideline. A lot can happen between now and then.
South Africa is a country which is safer in some ways than many.....but still, a jurisdiction that has a lot of corruption. It is good that a black person is there to relate to social responsibility, for the black population can be destructively militant where white miners are concerned.
I have taken a position in this company....but note that it seems not to be actively traded...as if no one wants to sell, and no one wants to buy.
Is there really a wall of shares soon to come on the market? thanks
ORN Price at posting:
3.9¢ Sentiment: Hold Disclosure: Held
