ORP 5.71% 3.7¢ orpheus uranium limited

sheer frustration and absolute disgrace, page-5

  1. 19,620 Posts.
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    What you said pretty much sums it up oly, holders have no power to remove the board, C note holders control the company now & as we can see they are doing nothing for shareholders, the market has risen 50% since march while oropa has struggled to hold 3 cents, only once decent director on the board at the moment & thats misha who like us bought on market between .04 - .05 & took placement at .04 before all the blackwood mess took place so hopefully he will want to see a decent return on his investment to, its a wait & see where we go from here, things can change quick in a company like ORP just a matter of a major deal being done with there Indonesia Gold assets & the rerating should begin.

    No doubt were in for more dilution as the company cannot run on limited funds, this is likely the reason why limited drilling has taken place to date, so we can only hope any placement that takes place is done to SERIOUS INVESTORS that will buy up on market also.

    One thing to remember oly, as attractive as our U exploration assets are becoming, the number 1 focus here is the Indonesian Advanced Gold assets where over $10mil has been spent to achieve 1mil + oz gold, this is where we will get a major rerating from "if" management know what there doing.

    No doubt ORP is one of the worst run companies on the ASX atm with a company making project on there hands, I hope this can change as the reward could be big for shareholders.

 
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