Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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When a definitive agreement is agreed and signed we will get rns. Best to keep things factual . Not saying the deal isn’t coming but generally in takeovers you can reckon a 3 month period for completion after a definitive agreement is struck.
Https://www.miningjournalselect.com/mjslondon/programme
I reckon the deals done, just waiting for release. Probably back end of next week.
‘Speaking At
Investment pitch: About to start drilling high grade gold targets in Colombia’
If this deal is not signed by 1st July then Brad has basically got absolutely nothing to pitch at the Mining Journal conference. This would not only be detrimental to the business it would also be highly embarrassing. For him to stand up and talk about a project that is still under C&M is a waste of time, so for that reason I think we will have news by the end of this month. This is a good opportunity to drum up some interest amongst some very influential investors so to waste this opportunity would be criminal. I realise there may be things outside of OMI's control but I would hope that they will do anything and everything in their power to get this over the line. RNS Tuesday next week is my tentative bet.
Nice 1 DrR, you tell em doc, yes I still remain ultra positive this why I'm still holding and accumulating on any dips, yes I also know it's going to upset the ultra negatives, who most possibly are not invested and hoping the the sp to fall so they can get I'm on the cheep but time is running out as we get closer and closer the the big news, take that as you will
Dutchpro is obviously someone on here's alter ego. Coward.
If it's signed or not, what is certain is that its going to come totally out of the blue weather that be tomorrow or this time next month. No one knows.
Will it coincide with the Mining Journal hosted by Rick Rule on the 1 & 2 July where Brad is invited to speak, possibly and i'd like to hope so.
If you look on the Mining Journal website:
Name
Investment pitch: About to start drilling high grade gold targets in Colombia
Date & Time
Monday, July 1, 2024, 12:30 PM - 12:45 PM
Speakers
Brad George, Orosur Mining
Session Type
Investment Pitch
Brad has a 15 minute speak, which is an investment pitch.
A letter of intent is not legally binding, that's definite. The deal could fall through; I hope it won't, but it could do.
I would imagine that the paper work is signed too and we close but only the directors know this.
We all just hoping and guessing that its signed and with the legal teams but have no proof, maybe it has been signed at our end but we dont know if its been signed at Newmont end as they may wait til a board meeting is called which could be every 2 months or 3.
We just hoping and guess work.
Mickey Mack. “The deal is already signed”
Please could you provide the source for this. There is a non binding loi thus far. They are still negotiating presently as communicated in latest rns so this statement is incorrect!
Impy agree but we have some new people on this board that have bought recently and absolutely everything about the company. in my opinion they know jack all. one minute being super positive then extremely negative.
The good doctor and chicken legs do have contact with brad and know lot more than most.
Cant see why people would want to put other people down and throw abuse, just shows ignorance.
Dr knows a lot about the company, and has been commenting on it for several years. I don't understand why a newcomer would wish to begin by attacking him.
And your a Dutch Brass, whats it matter.
Nothing is happening in June that’s for sure so there is no point bashing head on the wall here this month. See u all in July /aug
John you only seem to read what you want to read.. Fairly clear in MrDigits post what he said. I don't see anyone ganging up on anyone, this is a discussion board obviously people have different opinions and will agree and disagree on certain aspects of this investment. If more than a few have the same opinions it not really ganging up on someone who shares a different opinion is it. The fact is, Brad is far from smelling of roses and not has the chance of changing peoples opinions of him starting by getting back Azna and then leading from the front. Previously judgement has been whilst he has stood in the shadows of the majors who obviously dictated alot what has happened here. Hence why they are the largest gold miner on the planet. If he changes the face of this company, gets drill rigs on Anza, particularly on previous un-drilled parts such as the south, suceeds in getting financing for the exploration by one way or another and starts buying shares himself then i'd assume opinions of him will soon change.
John has a point, and as usual Muppets are ganging up on him.
It's not in the control of Donkeys either!
"No, i'm here for a little trading, with a lot to hold for the future, when this (i strongly believe after lots research & thought) will bring plenty of reward to those that hold"
..."with a lot to hold for the future" in other words John, i'm holding on to a lot that i am not trading, and have a small portion that i will be doing a little trading with on spikes
A deal wasn’t rushed before and omi still got in wrong drill drill drill.
Phase 2 was going ahead otherwise anza comes back free of charge let’s say. Hasn’t happened.
Fact is like I said no one has a clue what the team are doing, what Brad is doing or where he is? Actually does anyone know where he is ?? He can’t make deals happen on the golf course which is likely place he is right now.
Brad will hopefully buy when restrictions dictate. At the moment it’s a clear hold. There is no point in purchasing until we have the news we long for so it’s clearly a hold. Frustration is the key to losing money. A level head tells me to be patient for a while longer as this could play out big time. Look at the assets Omi have and decide whether you are backing the right horse. Brad is more than likely as frustrated as we are. The right negotiations can not be rushed otherwise we get a similar situation as before where any deal is strangled.
Mrdigit you said it all there. Your hear to trade quick buck and sell out. Fair enough but you can’t say you believe in the story if you only hear for a quick trade as it makes no difference to you with no skin in the game. Traders will support Brad and the story to get their quick in and out. That’s a fact. Anyone who has a serious amount of shares can see the red flags so why not speak out and demand more.
Like me saying support support support. Why? Brad needs to pull his finger out and give us more. He’s looking after number 1. If anyone has money in this share they should expect more not just sit on their hands and wait month after month.
No, i'm here for a little trading, with a lot to hold for the future, when this (i strongly believe after lots research & thought) will bring plenty of reward to those that hold
Jonstoneo it's not about posters having support for Brad. It's more of a belief that Brad has said the keys are coming back and they are. Many things Brad would like to have said and instigate has been subject to restrictions imposed on him by our partners. Basically he has not had any influence on drilling or news releases so judging him on these matters is not fair. Once the keys are back in his hands then Brad will be totally in charge and have no hiding place so we can properly scrutinise and judge him on his own merits. I have a feeling though that he might just surprise a few of us and bring a few of the present doubters on board with the direction he takes us.
Hilarious. Johnstoneo, Dr kindly offered you a bet for £100 which was for charity. You were too scared/ too poor to take. Now you just expect him to chuck in 10k? To "prove" he believes in this? He has been here for years. Even the non believers are here, you know why? As they are all certain it will complete.
"If anyone believed in omi now they would be buying daily. We are only getting sellers. Even Brad wont buy which says it all to any invested or anyone watching this car crash."
bash,bash,bash...again, why???
Mrdigit like everyone else holding onto the hope on that one last spike when and if that may come to sell out. Everyone wants to do the same thing. GET OUT