new beginning

With today's closure of the option "cash for peanuts" saga ORM is looking at a new beginning.

From a base of around 20 cents the tightly held company with tiny (70 mill) shareholding can look to commencing field work in the Kimberley region of Western Australia with the expectation of substantial up-side.

I anticpate the share price rising up into the 30 cent area when the field program is released over the next few weeks and then into the 50 cent range when field work commences. Good HREE results could see this stock groping for much higher levels.

From a market point of view the next 3 months is expected to be a wealth producer for shareholders.

I will enjoy the rest of my Tasmanian summer on the beach while I await the ORM action.