R2R,
contrary to what other shareholders and traders are thinking, i am willing to put my holdings in the bottom drawer and focus on other plays. Watching the daily gyrations is getting the best out of me and i have now resorted to do some more analysis on future prospects.
After today's AGM and email from management, i am quite content to hold on till mid-2011. They have ticked off their "pathway to production" and now have included the major trigger events [being Mine permitting and Mine design] in the process [i.e. look up the AGM presentation].
Major shareholders [i.e. Macquarie, Glencore, management] are still holding their shares and have not sold their positions [according to latest AGM preso]...this is counter to what others have indicated and as such refutes their comments.
Top 20 still hold 70% of total issued shares...considering the recent rise to 40cps and them not selling, this is a great indicator of OVR's future prospects to me.
In my opinion, 6 months is not long to wait for another 100% - 200% rise.
Projects - tick
Management - tick
Substantial shareholders - tick
First nations - tick
Yukon government - tick
Metallurgy - tick
Resource expansion - tick
NPV and IRR - tick
Continuity and mineralisation - tick
Push indicators - numerous on the horizon
I rather filter out the noise from the music...volatility is a friend i reckon.
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- ASX - By Stock
- email from management
R2R, contrary to what other shareholders and traders are...
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.16M |
Open | High | Low | Value | Volume |
0.9¢ | 1.0¢ | 0.9¢ | $12.72K | 1.355M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 111444 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 3984873 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 111444 | 0.009 |
6 | 3209125 | 0.008 |
12 | 3174511 | 0.007 |
8 | 1843166 | 0.006 |
2 | 400009 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 3984873 | 5 |
0.011 | 2804373 | 4 |
0.012 | 163530 | 3 |
0.013 | 2180000 | 3 |
0.014 | 2198003 | 4 |
Last trade - 14.13pm 04/10/2024 (20 minute delay) ? |
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