Yes, should be good for traders in the short term. But we ought not to forget the bank loan obtained though Gandel Metals, payable before the end of this year; nor the securities provided for that loan (a mortgage over ORS's shares in A1 and Maldon Resources). As 25% of the consideration is not subject to escrow can we expect a reduction in our AYC shares .. before year's end ?? Or a takeover by Squadron or Gandel Metals ? ... Just thinking out loud.
ORS Price at posting:
1.3¢ Sentiment: None Disclosure: Held