Replay available
Oriole Resources: Q&A in advance of Shareholders General Meeting
Join us for a great event!
Hosted by
Featured presenters
John McGloin
Non-Executive Chairman at Amara Mining plc
John McGloin is a geologist and graduate of Camborne School of Mines. John worked for many years in Africa within the mining industry before moving into consultancy. He joined Arbuthnot Banking Group following four years at Evolution Securities as their min...
Tim Livesey
CEO at Oriole Resources
A geologist enjoying over 32 years experience in gold and base metals, with a distinct focus on Africa, Europe and Asia. Tim has worked at all stages of exploration, project development and mine operations, and has a strong track record of delivery, both at...
Bob Smeeton
Chief Financial Officer at Oriole Resources
Bob is a member of the Institute of Chartered Accountants in England and Wales. He trained as a chartered accountant with Price Waterhouse, qualifying in 1992, and has a BSc in geography from Durham University. Bob has extensive experience working for AIM-q...
Investor webinar replay
Meeting Overview The meeting was a live Q&A session held by Oriel Resources in anticipation of their shareholder general meeting scheduled for October 27th. Key topics included the company's fundraising efforts, upcoming drilling campaigns in Cameroon, and responses to shareholder inquiries regarding asset management and exploration timelines. Key Discussion Points - Introduction of key company executives and the purpose of the Q&A session. - Discussion on a £1.87 million fundraising initiative aimed at supporting a drilling campaign at Bibimi, Cameroon. - Insights into the exploration challenges in the industry and the importance of drilling results for market valuation. - Updates on the timeline for exploration results in Cameroon and the mobilization of drilling rigs. - Clarification on the asset disposal program and its impact on company dilution. - Information regarding ongoing projects with IAMGOLD and expected news flow from these initiatives. Decisions Made - No explicit dec...
Replay transcript excerpt
[Speaker identities could not be resolved; generic labels used] [00:05] Speaker 1: Hi, everyone. Welcome to Oriel Resources live Q&A session today, hosted by 6. [00:12] Speaker 1: We're joined today by John McGloin, [00:14] Speaker 1: non-executive [00:15] Speaker 1: chairman, [00:16] Speaker 1: Tim Livesy, chief executive officer, [00:20] Speaker 1: Bob Spenton, [00:21] Speaker 1: chief financial officer. [00:23] Speaker 1: We're here to answer your questions in advance of the shareholder general meeting held next Tuesday, October 27th. [00:30] Speaker 1: As a reminder, you can submit your questions in the Q&A panel in the right-hand side of the screen. [00:35] Speaker 1: Without further ado, I'm going to hand it over to John to kick things off. [00:41] Speaker 2: Thanks, Jane. And thank you, everyone, for attending this virtual session [00:45] Speaker 2: question and answers in advance of the general meeting scheduled for the 27th of October. [00:50] Speaker 2: The general meeting has been called to put resolutions to the members of the company which if passed would allow the company to complete a 1.87 [00:57] Speaker 2: million fundraising which we announced on the 7th of October. [01:01] Speaker 2: It's become clear to us that the industry is becoming resource challenged through a lack of exploration and discovery, so our move into new frontiers [01:09] Speaker 2: is timely and we believe our approach offers an exciting opportunity to be part of a growth phase in the exploration industry. [01:16] Speaker 2: The fundraiser is intended to primarily support a maiden drilling campaign at Bibimi in Cameroon, [01:22] Speaker 2: where our early stage exploration work during 2018 [01:26] Speaker 2: and 2019 has identified excellent rock chip grades of up to 135 grams per...