Oriel Resources....the share price could be a lot higher by the end of 2005....

Hmmm.

I have just read this thread all the way through, and looked at the chart. I had already looked at all the projects, and was awaiting the Shevchenko DFS before deciding whether or not to make a small purchase. I also have just re-read the Prospectus, still available on the website.

I agree with Adam that Shevchenko doesn't look too clever. Do-able, I daresay, but not the big earner that was at first envisaged. TMC's Filipino laterite project looks more interesting, especially given that it has near-term revenue from a direct shipping operation in addition to the long term development of a higher grade resource.

And on the other side of things, there are far too many familiar names among the management, ex-management, investors and even the broker. They are all there in that prospectus - Regent, Dragon, Watson Island, Stout, Jersey trusts and so on. Too many parallels with Caledon. I vowed I would never, ever buy another company where Dattels and Taylor were or had been involved, because they are the ultimate pump and dumpers, and I think I will probably stick to that. A re-read of this thread has been instructive - large selling, overhangs etc - where have I read it all before?