I take these with a small pinch of salt as historically reality...

I take these with a small pinch of salt as historically reality SP falls below this. I don't doubt Hannam research is flawed, unfortunately those with deep pockets play games and keep the SP suppressed. I've doubled my money on ORN (held since 2015). As a LTH I can tell you that the way ORN communicates and updates shareholders is exemplary. They are now more focussed (SA) and better funded, not to mention have a seasoned and successful commercial JV partner. Oh and did someone say "takeover target"?! So much upside, so glad I invested and even happier I haven't sold.