ord historical high $1.07, page-14

Hi Massey, U asked and here my answer ,


Why i brought today -

1-Firstly i was very happy to buy under .10 , was also happy to buy over .10 after mid morning!!!!!

2- News out yesterday was "super" and should not be ignore by any investor!!! Company marker in my view !!!

3- FIRB Approved Guangdong Rising Assets Management Co., Ltd?s JV with ORD ,A$10.8million investment in a new joint venture company with ORD !!

4-130mt JORC Indicated Resource, estimated to be up to 2-2.5 billion tonnes, 32%+ alumina grade and 2% silica , as large as Western Australia?s Darling Ranges? deposits which produce 14% of the world?s alumina.

5-The bauxite potential, in the areas which are of interest to ORD, is estimated to be up to 2-2.5 billion tonnes

6-The Suplejack gold project is located approximately 650 km north-west of Alice Springs, Northern Territory, approximately 80 km north of the Tanami mine and 40 km north of the Groundrush mine

7- MC$40m@470m shares - "peanuts" .

8- Chinese are all over ORD !!!!!!!

9-and when it comes to valuation in my books ,$1 by year end!!


Please be free to add , as my smartphone is have problems handling this message.