RE: Hard not to get excited when you hear free cash at Pepas is our market cap!!16 Oct 2025 06:48
When are we getting that cash flow though? Couple of years time? Inflation is running red hot so who knows what the true costs are then.
I think brad George is a explorer at heart and not a producer, which is not a problem. In the short term The drill results will lead the share price upwards here and not the monster cashflow from Pepas. Investors just need to readjust their expectations as early exploration in Argentina does introduce higher volatility as not every hole can be the next Pepas.
Could well be the case Dr. It does introduce jam tomorrow scenario where we wait for drill results from El Pantano. I believe it is bonanza grades but then again one bad set of holes could blow plans and the share price apart.
If they had mentioned added extra rigs to get Pepas off and running in double time to capture that free cash flow then markets maybe would have reacted more. Hard to say really. Just need to be patient here. The value will unlocked one way or another.
My honest opinion is that the markets were perhaps looking for more urgency to get Pepas to commercialisation. Looks like they will do a JV with a partner if they find one. Doesn't it mean the shareholders will not benefit as much vs if it was wholly owned and operated by Omi?
Bah1 I had the same situation with ASOS a while back. Lost 80@% in a couple of months. My advice is pack what you have left and go and invest it elsewhere. You can still get it back if you find a decent resource stock. Lots going off at the moment in the gold and rare earth space. Good luck.
RE: Competitors namely SML (Strategic Minerals)15 Oct 2025 06:27
financing news need to drop before end of december. if they can get their **** together this will be the first tungsten mine the uk to be producing at scale. the rest are still holes in the ground atm and will be lucky to get there before trump leaves office.
The valuation disconnect is getting ridiculous now. Can the management here pull their finger out and get this over the line? I'm sitting watching and waiting
RE: Looking forward to the presentation next week11 Oct 2025 07:48
Looking back at your comments you've clearly sold a couple of weeks back. Looking for a cheap reentry? I bet you will announce to us you've taken a position now it's cheap. What a tool