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kin el bhargav, why don't you just sell up and take the hit instead of sitting in here all day continually ****ging the company that you are invested in? i honestly don't get it.
i read this group and rarely comment tbh. i have been invested in omi on and off for now for over 5 years so have seen the up and downs. we are clearly in a very strong position at the moment and the future is looking good for omi from where we were in c&m.
there are some sensible, knowledgeable guys in here, dr, impy, chicken, legal etc etc and that is why i read chat groups to help my investing and company knowledge. i expect negative and positive balanced conversation, but, i am so bored with the same negative rhetoric (for what reason) and the personal, childish tit for tats, that i am no longer going to read this group. adios al and best of luck in the coming weeks and months ahead. it will be a great ride!
"No daily tweets today Bhargav . Must be busy working on drill plans :D"....what a plonker!!
Anyway....Brad has to try his best to pretend to engage the market...more specically the "The 80% mugs"....hopefully a few gets sucked in and buy more to bail out the VIP holders which most joe public can only gracefully admire from the distance.
The ugly placing was very bad move to trap the mugs for many months in the future and strategic as they got £500k for free, and may receive £700k more to refill their salary pots....until the next spin of web coming in July+...
Agnico will be interested on more favourable terms?
Double bottom forming?
Quick, Quack....PDAC....I hope goody bag can form a new outfit with some gold peppers sprinked all over to attract a few funders in July as the premature placing clearly didn't work out well....of course for the genuine investors, I don't care for others.
No Friday rush today....at least another month or further delays is expected...its not over cooked by any means imho.
Streamlining time effort cash and resources to Anza is a far better proposition particularly as it has had many millions spent on development courtesy of Newmont and Agnico Eagle.
Brad knows what is there first hand and knows exactly where to target to enhance and maintain the already superior gold findings.
Buritica already in production close by and many millions of ounces better off since the Chinese bought it out.
The belt is full of high grade concentrated gold veins.
The fact that he continues to tweet away is also indicative that all is going well in the background with the Anza due diligence. Were it otherwise, he wouldn't be tweeting like this. The OMI team is also on its way to Columbia to prep the Pepas campaign - again another sign that the deal is near to being completed.
It might not actually take until the end of May, and so we could be anything from 2 - 4 weeks away from getting that big RNS. Double bottom on the chart forming?
"Agnico last night only beat consensus by 25% (need to lift their game clearly) and only up 5%, but were already at 52 week highs.
Key point in both however is that while revenues up strongly, costs were contained, and so margin growth was strong. Analysts all no doubt scrambling to adjust forecasts and we will, simply by virtue of size, see of lot of buying to balance portfolios.
All good for the sector in general." OMI tweet today.
Brad expects M&A activity to ramp up, as do I. Trickle down effect from producers throwing off cash and looking to add ounces.
IMO this is what will start driving valuations for OMI soon, very soon - the medium-large producers who are looking to snap up solid projects. I don't believe OMI will have any issues whatsoever finding a JV partner for Anza, I have stated previously that if Agnico think they are going to get back in on more favourable terms than the JV MMA are exiting they may think again.
Brad's timings and Zak's predictions never fails here....we've far too many so called "positive posters" who don't know what they do!!
But of course, blame it on what you call "negative posters" if that helps you cover for some misinterpretations!
MMs....please raise the bid to help a few duke headed here!
Does anyone else find it very strange why negative posters keep on and on. If they say they are invested why would they keep talking the share down if sp is already at rock bottom. Makes no sense other than allows them to have a presence on the forum. Surly they would want the sp to rise for them to get out. Anyone else feel this pain. ?
What is it with all these super tiny trades you see now adays on shares
Dear MM,
Please increase the bid now so that a few duke headed can have some happiness while they are delayed for an additional month or more by their masters....
Oh the grand old duke of bhargav
he had 10000 shares, he marched them up to the top of the hill and marched them down again
and when they were up they were up and when they were down they were down and when they were only half way up they were neither up nor down.
Most folk like to buy when the price is already going up (i.e. chase)!
Cyber Space. Cyber Crooks tried it again. 07422559844.
That TEL NO belongs to one of them.
Response from Bank, etc. was not impressive.
Take care.
Day after day, day after day,
We stuck, nor breath nor motion;
As idle as a painted ship
Upon a painted ocean.
Those buying the placement shares got a good price, though I did better and did the majority of the buying around 2.30p - 2.80p so many had the chance to buy cheaper than they did. I’ll add the final time before the RNS comes, looking likely around high 3s -4p. Good luck all. Volumes have dried up, for now. Got a lot on myself for next couple of weeks so won’t be checking the share price as often as I would normally.
The only difference with Oliver Twist is the begging bowl is full to the brim with gold.
I hope goody bag finds some takers in the penny shop though!
VIP holders are laughing all the way to the bank and will continue for many months.
Next round for begging bowl is coming in July.
No daily tweets today Bhargav . Must be busy working on drill plans :D
1 step forward 3 steps back. To be fair last RNS stated aiming to complete by end of May. Possibly overcooked that date, to ensure it definitely hits this time...but that would be a matter of opinion. Lots of positives in the last update, pretty much holding news back from Argentina, Nigeria and even the Uruguay historical issues it seems....
Perversely some think the push back was a move by the team to suppress the price a bit for when the handing over of keys is completed therefore allowing director buys to be achieved as low as possible. Not rich men haha. If that's the case optimally I expect a Colombian RNS in 7 to 21 days. Anything approaching the end of that timeline to mid May, possibly will result in speculative additions and may see the price go on a bit of a run, possibly may be stronger this time as well as the likelihood of a Nah completion was always going to be stronger than an April completion.
Dear BoD,
Give us this day our daily tweet to sing thy tune in karaoke bar!
The trouble with this share is that every time you think it’s on the rise something pops up to derail it. I have little faith to be honest, just have my fingers crossed.
Baa baa bhargav have you any words, yes sir, yes sir, 3 goody bags full sir.
Fun times to be had on the Omi rollercoaster. Up down, hokey cokey, trade it all about, that's what the MM's are all about..... realistically Legalwolf sums it well in his post and I don't think anybody here thinks anything is falling through. Probs likely be at 4.5, 5 by mid may if no RNS forthcoming. Might cook a little like mid April. Traders obviously going to ebb and flow but I don't think they'll want to be out for news which by all accounts could drop any time, though more like in a few weeks. Tricky to time, though would just love brad to break the habit of a lifetime and be early for once :)
Good luck Jack. 20% down is nothing to claw back . I have seen 40% in a week in Clsk . It’s great for trading. Steer clear f Argo imv. Clsk cipher and riot my favourites on the dips.
This is just one of many shares for me , not heavily in here atm and will assess as it goes along but expecting timeframes to likely lengthen further, obviously depleting cash. Burn has been close to $200 k p m by my reckoning so every extra month is less cash and closer to confetti. Personally happy to buy some if we drop further but will look for quick de risk. Not interested in the golden tickets, ggp narrative.
Good luck to you
Nice 1 wolfy, I'm sure you will be duly rewarded even if the sp dips a wee bit more but as we get closer and closer to drilling again and we are in charge again, then I do feel we may get onto a sustained rise slowly but surely, just my view, so dyor, yes ofcourse we don't need any more delays for sure but it is what it is and perhaps we should be taking advantage of the situation as the sp is on the floor again, you would think we have been in the ring with tyson(both of them) so chin up, surely the sp has to start climbing back up sooner or later, as the mcap is peanuts right now for the potential it offers gla.