Next cap praising prob at 10c doudou post PFS result IMO ...... and just enough to pay for the FS .... 5 mill ? ..... so they can then go with a BFS to those other pirates Macbank for a gold loan for the (70 mill?) capex.
Once they have nailed the project finance, ORP should finally be in same boat as their peers at 100+ mill market cap for starters (current spot gold) then move on to to scoping study on production start.
Course wouldnt do any harm to sell the lot instead post FS at 60 - 70 mill cash and move onto the the sleeper game they are still trying to keep under double wraps ....... just ahead of the coming Uranium boom. That would be the Olympian way looking for a 300 mill market cap coupla years out haha !
Or better still just farm out to PDN or neighbour for a 50% freecarry and let them do the wealth creation work for us whilst we get out annual divvies yielding 100% pa based current entry haha.
Anyway I look at it now, techno buy signal now screaming a "buy with urgency" cos larger punters now likely to be alerted and they may start delving into the funadamentals as well deciding this is a super fund investment pray Zeus haha.
IMBOOC
ORP Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
