Member Info for breaktwister

Setting my alarm to check for El Pantano results in the morning. Bull market in PMs heating up. Exciting times for PM and OMI investors in particular.

NP Shadow. As per the broker note, I am surprised they are using figures so low, at least they recognise that this is overly cautious and will be updated after MRE. 238k oz is too small, but it sets up for a re-rate on larger oz and higher prices post-MRE.

Large seller back again today which must be warrant holders cashing in. Sadly, that is the price to pay for enabling the value creation on the ground. And thankfully, any further raises will not need to come with warrants, investors want in and warrant selling is being fully absorbed. Once the warrants are all cashed it will be blue skys, 2026 going to be a banger on all fronts.

Shadow, not sure where you are getting 2m oz from. Setting up for a re-ramp on miss? The market does not expect 2m oz, broker note from a few months ago estimated 300-350k as far as I remember. That will have increased given the in-fill drilling but nowhere near 2m oz. 2m oz would be, lets say 100k pa over 20yrs at $3500 (gold price - $1k AISC) = $350m per year FCF. And you think the market has priced this in? No mate, think again.

Now, things get interesting when you consider APTA likely does have 2m oz +, as I posted recently, and that is why getting an MRE at APTA is going to send this stock to the moon, nobody knows yet what they will define there, it is a much larger area that the bounded deposit at Pepas.

DrR, great find Sir, that is material.

Why would they not mention El Pantano at all? That is slightly odd. If results were still at the lab they woulda surely had said "results still at lab due to complexity of mineralization".

104.45 @ 5.96g is another leader number 1 this week, this month, maybe this year. Globally. Market asleep. Drill rig is going to find more high grade in the area, I am sure of it.

Thanks LW, I couldn't remember if Brad had given any updated timeline on that, I know that he had confirmed need for dual-lab testing. Any day now then, as I thought.

I just read the 12th Dec RNS which shows the core sample from El Pantano to try and figure out why we haven't had any results from the lab reported. I understand it has to do additional tests for multi-metal. But I noticed the RNS mentioned drill program at El Pantano to complete end Jan, then all data will be assessed for further targeting.

Surely they are not gonna hold El Pantano results until they have them all? That would be mid Feb.

IG, there is visible silver in the core, Unico Silver right next door has 162m millions Oz of high grade silver, the last RNS stated "evidence of substantial mineralisation".

How many clues are needed? The market does not seem to be forward looking at all regarding Orosur, which is a gift for those looking to buy in.

Well he must want to buy more otherwise he woulda just spat out the name.

OMI again an outlier on my TSX watchlist. 95% green, but OMI RED refusing to partake in general market moves. That tells me this is going to go bananas soon, as it has become much too disjointed from reality and the snapback will be violent.

Not sure if I posted this here before or not, but if I was Brad I woulda been on the phone to the lab telling them to pay their guys double-time to get this done over Christmas and New Year.

I also added yesterday and today. I think this long-drawn out correction is nearing its end and we will be testing the Sep/Oct 28p level again very shortly. The rational is obvious, the metals are rallying and I expect the two forthcoming news items to be "beats" as Brad typically underpromises. Should start to tick up now. Well done to anyone who was able to get in under 23p on this latest dip.

Absolutely Legal, these are the bare minimum calculations for the small Pepas deposit only. What about the 2m ounces of high grade at Apta? What if that 2m oz which is a very conservative estimate based on historical drilling, turns out to be 4 or 5m? The profit from Pepas will be able to build a mine and the company snowballs. Not to mention El Cedro, El Pantano. It blows my mind that the market doesn't understand what is happening here.

kev, at 18p, full diluted mcap is £74m, i will sell everything i own to buy orosur at 18p. they will be making more than £74m per year from pepas alone in the very near future. i don't think the market understands the economics of pepas, but those of us who do are buying now before a pea spells it out.

back of *** packet calculations:

production: 30,000 oz/year

revenue: 30,000 oz × $4,500/oz = $135m per year

costs (aisc): 30,000 oz × $1,000/oz = $30m per year

annual operating cash flow: $105m per year

Was just about to say the same nap. For Pepas MRE, expectations are 300-350k, if we blow that out to 450-500k then that is HUGE and a re-rate. But we could also re-rate on El Pantano results due any day now. If they have hit a beast on first go at El Pantano that will take us over 30p and then an MRE beat takes us to 40p+. Not a prediction, but a very possible outcome if the two upcoming news items are "beats".

25,000 at 22.45p for me too, amazing stuff.

On my watchlist of CAD miners, of 30 stocks blazing green, including Colombian focused stocks, OMI is the only one red and that is because the MMs in London set the price and they are shaking out weak hands ready for banger newsflow. IMO.

outcrop up 9% and collective up 3%. mms are full of **** here, fill your boots before they start moving it up this afternoon.