News: ORN Orion Minerals Says Firm Commitments Received For A Placement To Raise Up To A$13 Million, page-5

ORN has been dragging this out for years now and the fundamental change in direction has been forced on them. Despite all the big talk of fast tracking production and innovative ideas they been burning cash at a staggering rate and now have nothing to show for it. No reputable institutions want to touch them and now they have been forced to call in a couple of okes with their diggers to save them.
Before you jump back onboard have a look at ORN's website and you should notice that their COO and executive finance have quietly jumped ship...