Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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Hence newcrest had to commit $65m with GGP. OMI much more advanced with mega high grade gold already found.
Bahrgav, I've been here for a long time and I hope that if you look at my posting history on OMI you will see that I have been pro OMI and pro ANZA over the years. So, please don't take this as a deramp.
For total clarity, I have now sold out my holding as a 3 bagger with the intention to buy back later.
I know your an honest poster but this is being ramped by people not so long term or honest.
My take on today's RNS is Newmont have started passing on there responsibilities to Agnico. Newmont were supposed to spend $4m over the next 12 months and Agnico are spending $0.7m. Newmont have had 3 years to look over ANZA and are giving away 50% of there holding on the cheap.
I have sold out but I do hope to buy back later as I still believe in ANZA. I am not qualified to give financial advice but please consider locking in some of your profits because IMO this will drop back to atleast 6p once the short term rampers move on.
GLA
Anyway this has much more potential.
Mms putting the buys through the other exchange now.
Earthling I agree. Newmont walked away from EG not HAV. GGP is in Australia and we are in Colombia so not like for like. We don't need to compare to GGP, we have our own news and potential. Enjoy the journey.
They walked because at the time it had no access and there was better options.
Dyor
That is absolute nonsense re GGP, Newmont walked away from Jiles not Hav, you prob know this unless you are clueless.
Shameful ramping.
I still can't believe how many ignored the OMI's June 2020 presentation till this date.
"Significant pace, Significant Re-rate from Sept on wards and upwards"!
Actually, it even got better.
TWO MAJORS on the board, one is already running drilling next door to APTA in Guintar.
GLA.
Two of the world top 10 investing though!
You're right again Degsy. p7 is wonderful. Those grades fill me with joy.
Check out page 7 here. If ggp had these cap grades they would be securely over1bn imo.
https://www.orosur.ca/files/FINAL-June-2020-Corp-Presentation-25_june_2020.pdf
Agree with Investor81, Guys, please don't over do it.
This will fly, but let the professional marketing, ground on action and next thing I believe, Directors purchase will
speak in volume first.
Do understand the enthusiasm here for sure.
GLA.
Came close to adding yesterday went with thr instead .oh well all is good .
speaks ruddy volumes !
speaking of volume.................
this will rise and rise.
even the MM's are back trading to keep this from bagging again.................... its a joy to watch !
Stop comparing to GGP. Sorry if I am trying to manage expectations but previously all the excessive targets has damaged the share price. Well done all especially Bhargav.
Newmont actually walked away from ggp due to their lower grades. Speaks wonders for OMI.
Yes ggp retains 30% with Newcrest but from a less mature position. Ggp Grades are below OMI high grades. Newmont is starting from a much more advanced position and look at ggp cap £760m.
Expecting tr1’s to start flowing in from Instis. This is now a solid recovery play and major rerate. Newmont to increase their stake up from 18.23% also
Not much to be compared against with the JV with Newmont and grades. I think GGP is the only similar one.
18p next target and still ridiculously cheap. Cap now still below ALBA