Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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I won't go to GGP, once things shapes up a bit, so would recover in short time. Yes, it will take time and will remain very frustrating in the meantime
Newmont walked away from GGP as i remember so for Newmont to make an agreement with OMI is a big thing, but it does seem OMI's hands are tied as to when Newmont decide to move things forward here. It has been a bad deal to date for shareholders. Just hope the OMI board is able to do something to get things moving after such a long time. The asset is in a hot spot no doubt but gettting things moving here has been very poor. Come on OMI, there must be something you can do to get things moving???
This is getting stupid now very tempted to f!&k this off now had enough but I guess that was newmont plan all along they tried to shaft GGP but they didn’t have any of it what a stupid agreement Omi signed with them all in it together.
Markert valuation getting unreal here. So undervalued imo. Have to give it to GGP, further good drilling results, Just shows how it's sp has recovered with good drilling results. Would expect a similar reaction to OMI's sp once drilling news is announced etc. Tempting to go into GGP but would have to sell up here which i don't want to do, so all in on OMI for me. Just a waiting game for OMI to liven up imo. Wonder how much lower this really will go before we have a correction back up?
Wow market cap now only £4m. Bargain!!
Thanks Bhargav, I'm looking to re-enter and anything below 3p is good value IMO but as no news coming in near term and sp drop, I might wait and see if it drifts further and tests recent lows of 2.4p.
Barry- no one knows, incl our Ceo to my knowledge.
I still can't work out, today, we have 3 buys vs 11 sells(a few of them in good numbers) and yet MMs are hungry for more shares!
Glad 10m are still stuck with the trustees!
I've been in and out of OMI for over two years, can some one tell me when Newmont plan to do some mining? Is there a date pencilled in for this? I've seen that they are paying the annual rights, but this is the only income at the moment.
Seems we just have grin and bear it until the good news arrives.....just very frustrating seeing red constantly here....will hold either way as this will multiply several fold imo when the right news drops
May be, mind you if they buy in big quantity the Sp may get stuck at this level for weeks before any positive news(to encourage sell from desperate slippery holders ) as not many would offload their holdings at this level and its a catch 22 situation(hence they've to manage it well with some considerations?)!
I would expect, the directors buying along with some positive news at some point...here in hoping!
Maybe they need shares as the directors have decided to buy.....if only.....
This should go up soon as I can now flog my entire holding at one go, haven't seen this for weeks.
Agreed. 3p looked like a good support level, but now we're sub 3p it's hard to see the bottom. I just hope this isn't walked down to the low 2s/1s in absence of news. So disappointing to say the least.
Yep, don't like to see it this way everyday for months now and I don't get to see the bottom of it either, for months 3p was held well and now we have this, however, in the midst of all when I see any blue, it offers some hope!
Another disappointing day with Omi....some things never change...the 1 million sell yesterday was at 2.75p....assuming the mm's want to make a profit they have to sell them on above this so can't really see the sp going much lower....