ORN 6.25% 1.7¢ orion minerals ltd

Ann: IGO become Substantial Shareholder through $5M Placement, page-8

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  1. 5,569 Posts.
    lightbulb Created with Sketch. 23
    great news holders and a bit of reading between the lines for any people selling at this price would come in handy.

    with Vedanta carrying out a feasibility study for a new $700-800 million smelter/refinery at the moment in our area to get big players coming in buying shares to get preferential rights over JVs or a takeover is awesome news.
    SP recently has been deliberately suppressed, no doubt about it, perhaps we are starting to see why.
    ORN already has an IGV JORC resource of $5 billion, along with the multiple other targets we have.

    when the time comes its always best to have multiple suitors in a takeover.
 
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