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11.8%

1.5¢ orion minerals ltd

Ann: Investor Presentation - February 2018, page-22

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wobblyboots

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23

13/02/18

18:17

Post #: 31029061
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Originally posted by Plimsoll ↑

Dennis Waddell is a wealthy guy, who made a packet of previous mining investments . Errol Smart, a South African, is clearly the talking head, and is doing a great job promoting ORN in South Africa at the moment. The media are joining the dots. The article below is a fair summary of ORN's potential, and also points out some of the risks of dealing with a workforce in South Africa under the Black Empowerment Legislation. It does appear that ORN's timing is good in the current upcycle in Zinc prices, but they still have to get it out of the ground with a much smaller workforce than would have been available pre apartheid.

View attachment 966076 View attachment 966073 View attachment 966067

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as far as ORN goes good news in SA today, President Zuma "recalled" , Ramaphosa will be the replacement and he is far more pro mining than his predecessor.

re SP, 4.6c as expected is showing some resistance and a small gap at 4.3c needs to be closed from a charting perspective but once 4.6c broken next resistance possibly 6c

ORN Price at posting: 4.5¢ Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 1.5¢		Change -0.002(11.8%)		Mkt cap ! $109.3M

Open	High	Low	Value	Volume
1.6¢	1.6¢	1.5¢	$16	1.002K

Buyers (Bids)

No.	Vol.	Price($)
3	372501	1.5¢

Sellers (Offers)

Price($)	Vol.	No.
1.7¢	501945	2

View Market Depth

No.	Vol.	Price($)
3	477133	0.015
1	1000000	0.014
2	1076920	0.013
3	1133280	0.012
1	272725	0.011

Price($)	Vol.	No.
0.017	438508	2
0.018	1900000	2
0.019	719295	2
0.020	1549960	2
0.021	843000	2

Last trade - 16.10pm 18/11/2024 (20 minute delay)

ORN (ASX) Chart

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