Ann: Orion Settles Final Acquisition Consideration for Okiep, page-2

  1. 4,518 Posts.
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    On the plus side, ORN finally have full control over Okeip and surrounding area minerals rights and can now push with drilling. It does seem a hugely prospective area with previous large tonnages of copper extracted! On the downside, those rights just drained ORN's bank account by another $1.2M and $500K must be spent on exploration going forward.

    Generally positive aside from impact to finances - we really need the Prieska deal signed off - Tony's last advice was by end of March and any further delays would be a terrible sign as to the deal proceeding at all! Tick tock Tony!!
 
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