Member Info for breaktwister

It was the drill rigs that were moved by heli, if we have a drill contractor that can move by land it will be much less expensive.

I am 100% sure the deal with MMA will go through and that leave us in a fantastic position to enter a new JV. Anza is one of the best gold projects in the world, I expect we will secure a new JV on MUCH more favourable terms then with MMA. Brad has taken a lot of abuse in recent times, this should be the highlight of his career, I hope he has what it takes to deliver.

MM threw in the towel and went to the bar for a stiff one, he knows he is fkd on Monday. OMI likes a Tuesday RNS.

Undervalued by a factor of at least 3 at current metals prices. The markets are so dumb and I am very happy about that.

I thought I was fully locked and loaded but could not resist another slice when I seen OMI still under 5p this morning. Ty Mr.Market!

Even the juniors are moving now and Fres still under 600p! What a bargain.

I am shocked that this is still at $9m mcap with RNS due any moment and gold hitting high after high. My estimate $500m mcap when Anza is proven up. Ofc we will probably have to JV at least half away but still, $9m is mental. Thank you very much to Mr.Market for letting me accumulate so much at a cheap price. GL all.

Well if there are clauses that MMA can buy back in that will make a new JV problematic. We are giving them more than enough with the $15m plus 1.5% royalty.

I have a large network of junior mining investors on twitter, built over many years, and none of them have heard of Orosur or Anza. Most days there are 0 trades on TSX Canada. The potential for this to explode from a mcap of £8m is like nothing I have seen before.

MMA spend $20m on Anza but jumped around from target to target without fully defining any resource estimate. They were looking to answer whether it is a 10m+ monster. However, Newmont also walked from Buritica which turned out to be over 10m oz so we cannot read too much into their exit. There is still a chance that Anza is a 10m+ beast and Newmont just decided to focus elsewhere as part of their strategy.

Even at 5m oz with 100% ownership that is a $500m valuation. Insane potential here but it will be a journey with necessary dilution to progress.

We now need a plan to move towards formal resource definition, drilling is all well and good, but it is the 43-101 and PEA that is sorely needed to wake the market up.

Hxxps://www.mining.com/court-decision-to-uphold-mining-ban-in-colombian-town-impacts-anglogold-project/

An going saga, but my takeaway from it is near the end of the article, that "citizen's participation/popular referenda" can no longer veto a mining project. Unfortunately for Anglogold, it is not retrospective and thus it seems the citizen veto will remain for their project.

As best I can make out this is some 300km south of Anza.

Not a single share traded today so far in Canada. OMI is so under the radar still.

Brad expects M&A activity to ramp up, as do I. Trickle down effect from producers throwing off cash and looking to add ounces.

IMO this is what will start driving valuations for OMI soon, very soon - the medium-large producers who are looking to snap up solid projects. I don't believe OMI will have any issues whatsoever finding a JV partner for Anza, I have stated previously that if Agnico think they are going to get back in on more favourable terms than the JV MMA are exiting they may think again.

We are all here for the Anza gold but do not forget that high zinc content was also discovered there, plus we have options on tin mining in Brazil. Base metals are trending higher. The zinc in particular, as a by-product at Anza, will play it's part in the economic case that will drive the overall stock valuation.

Gonna get broke sometime soon (

Some chunky delayed publication buys today. Hope we can get some action at Pepas in time for this conference in July. Brad seemed pretty excited about that in his tweet. A man newly invigorated.

Masks, I am also working on the assumption of 5m oz. I think this is a conservative estimate. At $100 per oz in the ground this would be a $500m valuation for Anza. Seems crazy when our mcap is $12m, a complete mispricing imo.

The questions for me now are how much the drill plan for Pepas will cost (warrants are now ITM so that will be another £1m into our coffers in the next two years), and what comes next - focus on Pepas and take it to 43-101? We will need a JV partner to prove up the other targets as deep drilling is expensive in the region, especially with helicopters involved to move drill rigs.

Ignore my dumb question below, RNS icon usually shows if there is a new one but I see now it was released yesterday (10th)

Where is this news then?

Impec, tweet from Brad

Who gives a f about price this week or next? Trying to trade AIM shares with low float and high spreads is dumb as f. If traders bail then that is great for investors to load up for the MUCH higher prices coming when we have defined resource.