ORN 11.8% 1.5¢ orion minerals ltd

"The Company awaits the petrographic descriptions for the Pennor...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,124 Posts.
    lightbulb Created with Sketch. 458
    "The Company awaits the petrographic descriptions for the Pennor aircore samples, which may assist with 3D
    vectoring within the intrusive geometrys."......
    Must admit, I was thinking they would have to suspend activities until the CR was completed. The increased private loans (another 500k) would simply be so that they can keep moving forward.
    Just questioning that the initial loan contract of 350k was to be paid in shares issued at 4.5c. It now seems that this will be paid in shares issued at 3c, meaning more shares having to be issued and greater dilution. Isn't a huge amount but a contract is a contract and should be binding.
    Anyway, I think we can now also expect very shortly an announcement of the commencement of drilling in Fraser at least.
    Good times ahead for sure
 
watchlist Created with Sketch. Add ORN (ASX) to my watchlist
(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
Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
ORN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.