Does it get any better? ORP has a advanced gold project which lately has been hitting very good drill results, they have 3800sq km of Uranium tenemants in Malawi with 1 tenemant as close as 20km to PDN uranium deposit, now accoding to the quartely ORP are in advanced negotiations on Coal tenemants in Indonesia QUOTE "with the potential to quickly advance from exploration to production." read below:
"2.3 PROJECT EVALUATION
The Company is continuing to pursue a number of advanced coal opportunities in Indonesia, particularly in
Kalimantan East Kalimantan has become a major world producer of coal in the past 10 years and Oropa is
utilising its considerable knowledge of Indonesia to acquire tenements with the potential to quickly advance
from exploration to production.
Negotiations are currently well advanced on a group of KPs located in East Kalimantan in relatively close
proximity to existing infrastructure. If these negotiations are successful, Oropa will undertake site visits and
complete legal due diligence as a prelude to acquiring an interest in these leases.
From Oropa’s recent experience, the attrition rate on these evaluations is relatively high and a thorough due
diligence and technical appraisal is imperative, prior to entering into any formal commitments to joint venture, or
farmin into these projects. However, the rewards are considered to be worthwhile and these evaluation processes
continue."
When ROGUE says this is to CHEAP I mean ORP IS TO CHEAP! lol!
This will get recognised just a matter of ORP hooking up with the right broker or insto who will notice this extremely undervalued potential & will rerate ORP significantly.
Advanced Gold play & Uranium play atm possible Coal play as well.
Market Cap $8mil ???
Do I really need to start ramping this to wake people up to the potential here? lol
Take note first Argonaut was taken over by OXR in Indonesia now Herald (HER) is being taken over in Indonesia, ORP are well placed to be taken over if they prove up there gold resource.
DYOR to see the value here.
- Forums
- ASX - By Stock
- ORP
- coal aquisition in negotiations orp to cheap
coal aquisition in negotiations orp to cheap
-
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ORP (ASX) to my watchlist