Karl was a shareholder of Matrix which folded into ORS pre IPO
I am quite happy with progress, Gandel always treats small holders fairly, he loans money unsecured then underwrites a rights issue. Punters can elect to take up their rights pus shortfall and Gandel takes the rest thus increasing his stake. It's a good system for risk takers like me
As for Alliance South, breakeven grade is around 3gpt. It's very early days, there are clearly bonanza sections it's a question of when they hit them. If we are lucky they stope them soon, otherwise you need to be patient.
ORS Price at posting:
6.3¢ Sentiment: None Disclosure: Held
