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OMI getting an honorable mention on sharetalk, looking for a close above 24.6 with a target of 45p hopefully by end of next month...
https://www.share-talk.com/christmas-eve-bulletin-board-heroes-wednesday-24th-december-2020/#gs.ovgcs5
A placing at the current sp is no bad thing, I've seen a fair few with 30 odd % discounts. Do like the fact that the Directors have bought a good 1/5 of the placing shares, not ramping but if anyone knows the future prospects here its them!
Hmmmm...I do love a bit of speculation.
Although £300k of revenue in 14 days when they only did that in the first 180 sounds a bit high.
I think they've already hit £1.5m but they can't say outright that they have, I think £7m of revenue next year would be amazing but would just be hopeful of a realistic increase from this year circa 20%, although given the growth in the second half and the way industry is moving you'd hope for a fair bit higher.
EA taking on Codemasters could hopefully open a lot of doors for BIDS, in which case skies the limit!
Yeah look i apologise for being rude. I won't lie i was trying to wind you up, but in all honesty I don't think you need to try to relax a little. Yeah the decline is pretty depressing, but If you believe in the story (which I've just posted) then stick with it, the Gold is still there, the drills are still turning, let's try to stop the negativity. The placing happened, it wasn't ideal, but I don't think the vaccine helped us as lots of people would have flocked to safer equities, PoG has fallen a fair bit since our spike, again doesn't help. We just need to be more positive. I'm all for healthy debate but the negativity is unhealthy, and off-putting to would be investors.
PS huge Union fan, although I watch league too, particularly NRL, mainly cos its on in the mornings when the kids are up!
The potential is definitely here. And if we move away from bickering and focus on the facts:
• Drilling started 15 Nov, Brad stated first results in January, only 1 month away, and not that many trading days given Xmas and NY.
• BoD have been buying, granted relatively small amounts but people were asking for it and they've bought some.
• Yes there was a placing, but now we actually are fully funded for the near term, we have cash and warrants in place exercisable at a higher sp to today, which will generate additional cash.
• BoD have options at a higher sp to todays. Which tells me 3 things, one they expect the sp to go higher, two we'll have more cash once they're exercised. And three, Brad and the BoD surely would have had an idea of the Options that were going to be granted, yet they still bought shares on the open market only a week or so before. Why do that? He has options for ten times the number of shares that he bought, he didnt really need to buy any!
• Camp prep work is ongoing or must now be near completion
• APTA isn't even the best target but produced drill results of 14g/t over 40 odd metres, what does that tell you about the others.
• We still have 2 JVs who are funding $4m pa for drilling, not just any JVs but 2 of the top ten in the world. And those JVs will take over drilling if we get decent results back, which will speed up future results.
• in Colombia, not historically a safe haven but with a supportive government, the bloody President opened Buritica ffs
• Gold price is increasing, if we see further quantitive easing from the Fed gold could go on another bull run, hopefully to $2000+
Probably missed stuff so feel free to add