Australian (ASX) Stock Market Forum

AKE - Allkem Limited

Re: ORE - Orocobre

Just browsed thru a 37 page presentation which Ocrocbre gave to North American investors yesterday. IMO brilliant and the shares bucked today's trend today.
Couldn't find the presentation on ORE's web site but it is posted on E*Trade related to company "News".
A great presentation and worth read.
I do hold shares in ORE so very pleased, up 25% in 10 days..

Bring it on...
:2twocents:2twocents
 
Re: ORE - Orocobre

I've being researching Lithium recently. The talk is that Lithium will be used extensively as a power source for new tech cars and be similar price as oil.
An American company Li3 hold a significant number of licences in North and South America. And there is talk of a boom in the price of Lithium.
Apparently Lithium can be easy or difficult to extract and Orocobre's resource in South American falls into the easy category with the added bonus of good access to transport infrastructure. Hence Toyota's commitment.
Any comments on where the stock price might end up?

Go to the Orocobre website and read the research reports. They will give you a rough idea.
Last traded on the TSX at $2.68 thats equivalent to Au$2.645 Last traded on ASX @ $2.51
 
Re: ORE - Orocobre

Been on a raging bull run of late. I was in on the rights issue at 38 cents and took my profits at 1.60 happy with a four bagger.

Ahhhhh hindsight :D
 
Re: ORE - Orocobre

Anybody watching this stock. Came up on my radar a few weeks ago and looks like a solid company with some great assets. Any thoughts?
 
Re: ORE - Orocobre

Have held ORE shares for a while, solid company with plenty of product, money in the bank and future prospects, hard to tell why the SP getting thumped so much, happy to hold though. Actual good lithium companies are rare
 
Re: ORE - Orocobre

Sp being hammered at the moment.................might be the right time to get in

Any toughts as to why the sp is heading south?
 
Re: ORE - Orocobre

Sp being hammered at the moment.................might be the right time to get in

Any thoughts as to why the sp is heading south?
There's a heap of other companies heading south from RIO to NMS. ORE has just been caught up in an out going tide. However it is up 2.9% today. Worth buying at this price.
Ann today is encouraging regarding the secondary approvals process. Getting the thumbs up from the locals.
 
Re: ORE - Orocobre

ORL closed at 2.30 CAD on Friday. Am expecting ORE to reach 2.20/2.22 AUD Monday. Looks like it could be on the way back up again if world markets behave.
 
Re: ORE - Orocobre

Fluctuating a lot this one
got my buy order in at 2.05

Good things around the corner I hope
DYOR
 
Re: ORE - Orocobre

Thought there would be some chatter on this
Bought a parcel at 1.62
Will post a chart tonight.
 
Re: ORE - Orocobre

The secondary approval process dragged the share price down from close to $4 down to $1. Now that the approval has come through it should have turned the corner... Four bucks again?
 
Re: ORE - Orocobre

Lithium looks like it might have a future over IO etc. Maybe the better commodity to be chasing these days.

Article in one of the news papers ramping it up.

Anyone holding / researching?
 
Re: ORE - Orocobre

Lithium looks like it might have a future over IO etc. Maybe the better commodity to be chasing these days.

Article in one of the news papers ramping it up.

Anyone holding / researching?

Orocobre was expecting to produce lithium carbonate by 2012 and being in the region of $65m - $70m EBITDA but this hasn't happened and now they are saying production will be in 2014.

I've tried to research for this reason of this delay but haven't found anything. Anybody got any info on this?
 
Re: ORE - Orocobre

ORE has been showing support around 1.222 and resistance in the 1.580 price range. It is rated buy with the 1.845 target price in six months.
 
Re: ORE - Orocobre

For some reason I had ignored this, can't remember why. May have to change the mindset.

Cheers
Country Lad

ore 24 Sep 13.gif
 
Re: ORE - Orocobre

Certainly got a move on in the last couple of days, but alas, without me I might add.

Cheers
Country Lad

ore 22 Oct 13.gif
 
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