Gold making another new high tonight $1094 & more then likely much higher highs to come.
ORP could not be better positioned to significantly rerate over coming months, a run down for those that have not caught on yet:
*Advanced Indonesian Gold Proejct
*Current resource 1.01mil oz, that will only grow substantialy as drilling continues
*4 drill rigs to be on site by december, 2 rigs already on site, which will see ORP aggresively drill around current resource & new targets
*Gold Results to flow more often as aggresive drilling takes place
*Producing cost US$442oz vs US$1090oz current gold price
*Development Cost $40mil - $60mil " MAC have indicated to the Board they have the capacity to fund Pungkut all the way through to production, should final project economics merit a development decision."
*Oropa only scrathing the surface with current drilling as numerous untested targets outside the current resource are yet to be drilled
*OROPA to change name to "SIHAYO GOLD LIMITED"
*New investors taking a position at .04/.05/.06, new director Paul Willis with extensive experience in South East Asia taking a position on the board
*Directors all holding significant amount of shares
*Cash in bank roughly $7mil if funding package is approved & options converted, market cap roughly $35mil at current share price price
*OROPA share price showing signs of the market warming to the story with a peak of .105 mid october followed by light volume sell down to .06 & current price .075
*Roadshows to take place
*Martabe 65km from Oropa in Indonesia
*GOLD companies are the market focus now as gold has broken $1000 & continues to make new highs
Sum it up we have a advanced GOLD exploration company transforming into a future low cost gold producer, with cash in bank & serious investors on board, oropa is positioned to beocome recognised as gold continues higher.
First Price Target is .20 - .50, based on current gold price, oropas gold resource & future resource upgrades, producing potential, gold price heading alot higher.
To me its simply a stand out spec buy in what looks to be a GOLD BOOM market, current price provides a cheap entry before oropa attemtps to move higher & retest october highs
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ORP
orpheus uranium limited
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Last
3.2¢ |
Change
-0.003(8.57%) |
Mkt cap ! $9.014M |
Open | High | Low | Value | Volume |
3.3¢ | 3.3¢ | 3.2¢ | $1.169K | 35.59K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 24000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.031 |
3 | 273333 | 0.030 |
2 | 400000 | 0.029 |
1 | 200 | 0.025 |
1 | 58823 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 24000 | 1 |
0.035 | 1000 | 1 |
0.036 | 4365 | 1 |
0.038 | 219542 | 1 |
0.040 | 8408 | 1 |
Last trade - 14.58pm 07/08/2025 (20 minute delay) ? |
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ORP (ASX) Chart |