ORP 10.3% 3.5¢ orpheus uranium limited

share purchase plan offer, page-20

  1. 19,620 Posts.
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    Good work on clearing things up gazzat, in the end if existing shareholders want stock there is nothing stopping them from buying now at cheap levels, if the price is higher next month personally I would hardly be worring that I have to pay higher for the spp, we have been waiting years for a rerating & now oropa is finding themselves in a "perfect storm", with both Gold & U being hot favourites in the current market & oropa more then well positioned to benefit significantly from there exposure.

    We are heading for the third time in 2 years that gold has hit $1000, first two times ORP share price did nothing, this time around there should be nothing stopping oropa from heading to .10+ rather quick if Gold breaks & holds $1000+.

    Gold Drilling is underway since late april & up coming results if good would be the perfect time to get the markets attention & the sp moving north.

    Alot of bullish talk by oropa in there current announcemnts how undervalued we are, all true but means nothing if the sp stays like this while gold continues higher, will only show managmenet have no ability to capture the markets interest.


    Agree Olympian, gold looking to break through $1000 this time around imo, hopefully oropa will start looking to do a aggresive local & overseas roadshow asap to attract some serious investors attention, oropa has no excuses now, they have cash to continue drilling to years end, we have 1mil+oz gold & potential for "millions" oz more, our mining & development costs are US$442n oz & US$40 - $60mil to get into production, we have U assets next door to PDN & GBE, we are without doubt ridiculously undervalued, this is it if they cant get oropa going now while gold & U is in favour I cant see it ever happening, now that blackwood hold majority of the company only makes sense we will see a imminent rerating as everything is in there favour, next few months will say it all imo.
 
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