The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Wonder why they are waiting for circa 3 months to make their first (trial) sales…any thoughts ?
Reminder that the put agreement notified as being exercised in today RNS is priced at 0.75p (more than double the current SP). Bodes well.
https://www.lse.co.uk/rns/put-agreement-s6l802y7ukvxqcw.html
MMs putting 50% of the buying volume over on Aquis exchange….circa 1.2 million shares so far today. Seems they are trying to keep it off radar. Maybe someone is buying in ahead of news ?
The heart valve related wording in this RNS is excellent IMO as it is putting pressure on the Company with the Material Testing Agreement to reach timely conclusion as they are “actively exploring additional potential partnerships”. They know what they have got is a game changer for this industry and there is nothing like marketplace competition to maximise the upside to the positive outcome. Bodes well.
Now showing….🥳
Seems to be a glitch on LSE…. No RNS since 7.30am this morning. Once they fix it the red dot will land and surely it will add fuel to the fire. In meantime those watching this BB right now are seeing it posted via other sourcing. Best to get in / top-up before herd arrives…..
https://www.investegate.co.uk/company/RUA
This OMI tweet today has reminded me….
When the original RNS for the PEPAS first assay results landed many observant shareholders had noticed two sentences in it. This aspect to my recollection never got properly resolved in any subsequent news release. Namely (capitals used by me to highlight the key words):-
“Drilling assay results have been delayed due to difficult ground conditions and the need to undertake re-assay of numerous samples to resolve OVERLIMIT issues and meet QAQC requirements”
and:-
“30 gram nominal weight samples are then subject to fire assay and AAS analysis for gold with gravimetric re-finish for OVERLIMIT ASSAYS of >10G/T.”
At that time I recall that share holders were expecting some subsequent updated assay results to be released giving further breakdown details of the 10 g/t+ high values grading at various sections within the overall 150.9 meters at 3g/t intercept summary, but these results never materialised.
I think Brad and the OMI team are onto this key aspect right now as they go through the PEPAS detailed data. Don’t be surprised to soon see a RNS publication of the more detailed gold grade results from the existing PEPAS assays once they get the compliance aspect they mention resolved. This would basically be a freebie significant enhancement of the data for what they have already ascertained at PEPAS and greatly aid their planning for the new holes to be drilled.
Bodes well.
https://www.lse.co.uk/rns/colombia-update-z5hovnbi6igb45h.html
CFO is ex Petrofac……hmmmm (even bigger fall from grace in the past decade than Capita).
His days here are numbered I reckon. CEO needs new leadership sharing his vision and thick skinned enough to make the tough decisions that are needed for CPI future prosperity.
Yes it’s currently up 14% on low volume.
Furthermore just got the LSE weekly market report posted to my email and it’s noteworthy that OMI is showing up in 5th place on the “Number of Posts” table for the past week at 685 posts. There are lots of 👀 on us currently and it bodes well.
It’s worth reminding ourselves of the details for that world class hole at PEPAS (150.9 meters at 3 g/t Au) from SURFACE………the grade value is the true gold grade and not an Au Eq value like many explorers will quote in their news releases to take account for the other secondary metals present in the ore to boost up their headline numbers.
https://www.lse.co.uk/rns/colombia-update-z5hovnbi6igb45h.html
The starting from SURFACE is a very important aspect not only for the future potential method for the mining, but even more importantly at this early stage it means that when OMI start poking more holes into the ground at PEPAS in just a few months time they should know within a relatively short drilling depth whether they are hitting good pay dirt and if yes to carry on drilling that particular hole to sufficient depth to capture the full intercept, but if not successful then to abort that hole quickly and move on to their next planned hole. This is the efficient approach a nimble junior explorer will look to take that saves time/Money and also promotes to get the drill results turned around most expediently to support regular news flow to the market.
Probably the Baron’s following herd….
https://twitter.com/baroninvestment/status/1773268538570023369
Wow……always two sides to the story…..truth maybe somewhere in the middle ?
Probably because deep is not cheap (exploration & mining). Commercial viability needs to be outlined by mgt to help guide investors.
I was expecting 0.25p raise at end January, so it’s a credit to the pumping that they got it away in the 0.4s and managed to hold off until six weeks later. Well done GWMO holders.
Glad that Serabi doesn’t hedge their gold price like some other miners….hence will be able to take full advantage of the ongoing rising price.
https://www.fxempire.com/forecasts/article/are-we-at-the-beginning-of-a-new-historic-supercycle-for-gold-1415097
Mologic ownership details (Bill Gates and George Soros related entities involved), so very well connected that could help promote for widespread test roll-out. 🤔
https://www.medicaldevice-network.com/news/rapid-diagnostic-mologic-acquisition/
Interesting at 50 seconds into the video Mike says 50,000 and quickly corrects to 40,000 ounces (RNS stated guidance for 2024).
What if that 50,000 was more than just a slip of the tongue and they are actually looking to beat guidance by 10,000 ounces 🤔
As Michael Caine famously said “you were only meant to blow the bloody doors off”
Avoidance of new retail investors in the REX offer seems to be a good move.
A lot of those would likely have been the beer money flippers looking for near term arbitrage profit to be made on the SP versus offer price. That selling overhang is unwelcome.
Such a long reply Neil….Your so fast typing your perfect English so maybe not really a Neil more likely a Nelly ?
Neil is the SED stalker and not even holding……LOL. How he wastes his time……LOL