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Expecting good news! Tell us the drilling plan
Yes, I believe with my due research, communication with CEO and NM Investor Relations and approaching crucial time of the year for Omi- NM Anza partnership to take some steps forward.
September would be the most interesting month of the year so far Imo...... I hope and expect to see 3 positive outcome of this, ...Uruguay process, Cash payment and News of NM to resume exploration in the 4th quarter...!
Let's see.
Agree Bhargav, looking forward to Q4! GL all
10p will soon be history...let alone cheap as chips 4p Imo.
Watch the space!
Ezlee- Gold shares will do great for next couple of years or more. Even poor Buffet is convinced.
With NM partnership, govt. support in Colombia, round the year of drilling possibility, and number of sites like Apta, Charrascala and other ready to kick off the project and exploration . I won't be shy to keep adding more here on any opps I get to top up.
Glad to see small private investors getting in today.......our time of fireworks is not a distant dream imo.
Good luck.
We should hopefully start getting noticed. If we get the right RNS, we can be back to 14p; easy
Zaps- I'm convinced...we shall see right RNS, touching all 3 positives I've mentioned this morning during Sept.
Relax. And enjoy what's to come.
AIMO.
September to December should be exciting. Good luck all.
Bhargav, what makes you believe September is the long awaited NM drilling news.
What do you make of the latest rns too. Did you see this coming?
Sorry that's NM exploration not drilling news
Ss-
As I said earlier, I believe based on my research, time we're approaching towards, contract with NM as it stands (indicating gear up commitment in year 3-4), June 2020 OMI corp presentation, Aug 2020 NM investors presentation etc..and my comms with credible intent of NM Investor relation.
I didn't see 45 delay RNS for August report, however, apart from AIF(which may clear no. of any concern doubting Thomas may have or not), there is nothing much I expect to see in it which is not already in the public domain so far to my interest.
Overall, I trust NM due diligence before entering into contract and commitment.
I can see the script for this is- strategically clear all other liabilities and focus on to develop Anza which has huge potential with NM partnership in confidence.
APTA, Charrascala and other are ready to dig dip. NM will sharpen the tools and resume much awaited exploration for which time is running short to conclude JV by Sept'22 imo.
I expect some well OVERDUE fireworks in Sept-Oct.
Gold will likely to get big for next 2-3 yrs the way things are going. We are in it at right time.
AIMO.
I hope this helps.
Thanks B, I can see a massive rise from the small 7 mill market cap, once NM get going. Has been a long tedious wait. Hopefully it finally pays off.
Yes, I agree, and I cannot stress enough...based on my comm with ex CEO Ignacio, AIF will clarify any concern a few people here have raised earlier regarding permit/ concessions etc.
And I expect to see some explosive news in Sept and moving onto the 4th quarter....!
Time will tell how market players will react to it, and imo, it'll pay off with BUCKETS full particularly from this level above.
Good luck.
Topped up more...heading for 5p+
Completely agree - this is looking good. news this month. Always a late flurry when news is due.
Trying for over 30 mins now...not letting me add more, 4.92-5p is current spread at the moment.
MMs needs shares to push this further up...It should break 5p shackles soon.
Hope to add 5k worth...it'll double in a month or under! well deserved effort after long wait and patience imo.
I know what's to expect at this crucial juncture.
Watch the space..!
Topped up 91,673@5.44p, happy with the price.
MMs preparing for big leap forward I think. Lol.
Absolutely no concerns on this end. this went up by 1.5p just on news that an RNS was about to be put out.
Nice one bhargav. Should be a very good day for OMI at long last.
I'm next to my pc, ready to click more buy button. News will eventually work it's magic and multifold return is written all over the Omi-NM Anza partnership. imo.
Good luck all.
Newmont commit big news
This is your chance to get in on the next GGP style project.
Tirer 1 potential.
Higher grades than GGP .
Newmont to progress.
Shares in a big newmont mine for 6 m cap.
No dilution .
Hardly any warrants .
Only directors with options that will be taken shortly.
Yes...September have started to deliver what so many sensible posters here, genuine investors have seen ahead of the curve
(unlike some"Guru"):
And I believe it is just a start on new beginning for much more promising News to follow this month and beyond.
Early signs were spotted in the June 2020 Corporate Presentation as below-
https://www.orosur.ca/files/FINAL-June-2020-Corp-Presentation-25_june_2020.pdf
Significant change of the pace- And opportunity of significant re-rating:
• Newmont have invested approx. US$5 million in OMI
and the Project so far with a further US$0.5 million
receivable in September 2020.
• Significant change of pace: From September 2020,
Newmont are contracted to spend minimum US$4
million/ Year in the ground (compared to US$1
million / year in last 2 years)
Backed up by the interest commitment of NEWMONT as expected via RNS, Sept 3rd:
https://www.orosur.ca/files/Orosur-Mining-Inc.-Colombia-Update-3-Sept-2020.pdf
It clearly says- Orosur Mining Inc. (“Orosur” or the “Company”)
(TSX/AIM:OMI) announces that it has been informed by Newmont Colombia S.A.S.
(“Newmont Colombia”) a subsidiary of Newmont Corporation (NYSE:NEM), that it intends to
continue to exercise its rights and obligations with regard to the Anzá gold project in Colombia
(the “Anza Project”) under the terms of the Exploration Agreement with Venture Option (the
“Agreement”) signed and announced in September 2018.
This was also expected from the Newmont's from my research of Investors presentation August 2020 as below:
https://www.lse.co.uk/ShareChat.asp?ShareTicker=OMI&share=Orosur-Mining&thread=EC61B754-4D5A-4B97-8691-9A802A46D4CA&reply=true
What next?
"In the 3rd and 4th years of Phase 1 of the Agreement, Newmont Colombia will be required to
spend a total of US$8 million in qualifying expenditure on the Anzá Project to acquire a 51%
ownership interest."
I expect News flow of Uruguay update, AIF to clear some bad vibes spread by a non investor here for 2 years,
and most importantly looking forward to see a big push we have all been waiting for long, NM commencement of
exploration as number of sites like APTA, Charrascala and other are ready and there is confirmed drilling going on
within close proximity by other firm.
Plus outlook of Colombia land of Mining as below:
https://mineriaencolombia.anm.gov.co/images/Presentaciones/Colombia--LADU-2018-Final-presentation.pdf
Hope to add more to my ever growing portfolio as soon as I can.
Best wishes, for genuine holders, I won't be here for any other reason.
Bhargav
Apologies, the link for Newmonts August 2020 Investor Presentation is as below-
https://www.newmont.com/investors/events-and-presentations/default.aspx
(Page 28 to be specific)