great post JB agree totally
As far as I know regarding PR/Roadshows ORP would be out there now selling that they have achieved 1mil oz, its just a matter of time before 1 broker/insto reads into this & gets aggresively involved & realises with minimum $$ ORP can be rerated significantly.
We know a placement is due likely around these prices so may as you said be the old hold it back until placement through then rerate.
It would help if the Top10 holders worked together & got things moving after news like this they should be pushing the sp higher as they have the most to advantage.
OXR are next door & would be watching ORP very carfully now that they have achieved 1mil oz/10 year mine life & the potential to upgrade further.
So dissapointed with the reaction since the news but I wont let it distract me from the bigger picture & where we can go.
For those not set worth grabing a parcel while its down here, oppertunities to grab a potential producer at these levels are rare.
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