top 20 hold 60-70% of the stock in ORP
If a major tries a take over I hardly see major holders bailing first bid which would come around .20-50
For now dont expect any take over activity, think we will just see ORP team up with a major company to fast track the project as they stated there in talks.
SB OROPA is only lacking 1 thing: Institutional investors, they get a big player on board who will soak up the stock you will see oropa at more appropriate levels .20+ imo
OROPA are doing all the right things, aggresive drilling, consistant good gold results, announcements professional & very detailed, looking for advanced coal oppertunities for early production, have attractive malawi uranium tenemants & are undervalued.
As you see on HC, I outline a number of reasons why its a very attractive buy but no interest at all, for some reason the market has chosen to ignore ORP probaly cause there past diamonds issue which is just that the past, once investors wake up take notice ORP will rerate significantly.
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