Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hi can someone please advise, is OMI well funded going forwards with its drilling campaign? I read through the RNS list back to 2016 and didn’t see any reference to a fund raise.
Looks like exciting times for this company, though the assay results being delayed may cause some impatience or pricing stagnation at some point?
Here’s the ad
https://uk.linkedin.com/jobs/view/digital-demand-generation-manager-at-bidstack-group-plc-2393382965
175m oz of gold with an AISC of $1200 - Superb results
And so much going on. A substantial increase in deposit reserves expected at Inmaculada in a matter of weeks.
This is an absolute bargain currently
Increasing to 5.02%. Great news!
We should see some recovery this week.
Hi Saint Tropez
Do you know the timerline order and approx expected dates for the items you listed?
Multiple Target results due through Q1 & Q2 including
> Larwood Target
> Update on further Assay results
> Barns & White Tank updates
> Further details on Recent strike extension.
> News on the latest drill programme.
> stage 2 Road map
> Update on the JV
> further details on additional 22 Targets
> Update on the Australian Government funding for the exploration of the 4 IOGC Targets
Irene, if you shorted then looks like the wrong decision. It has indeed already bounced back.
Been watching this company for over a year now waiting for the right time to jump in, having missed the March Covid pricing levels. We're now where we were back in April. Have taken 500 at 1384. This will bounce back in quite a short time period IMO.
Mont. I agree 100% that this rns was probably more for interested bidders than it was for investors.
Multiple parties will have put in offers subject to satisfactory conclusion of due diligence and other conditions. Once due diligence has completed parties will / should be in a position to confirm their offers on an unconditional basis.
Parties have had sufficient time to conclude DD. This RNS is designed to give them a kick and encourage unconditional offers IMO. This will / should happen very soon.
Dissection of RNS:
1. “Eua pleased to announce the update”
2. “have to date received non-binding offers in respect of both a possible acquisition of the Company as well as other transaction structures.”
3. “Several parties and structures”
4. “More recent delays due to holidays” = they are close to the final agreement
5. “Discussions proceeding to final BINDING PROPOSALS”
All very very very positive IMO
Just a matter of a SHORT time for the conclusion of this sale