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Why is there a 15% spread on a stock with this much volume? Frustrating

Strange price action today. I bought for 6.02p when the SP was 6.125p?

Reality check - The results today were outstanding compared to some dog miners on AIM barely giving 0.5g/t. So good that a 4th rig has been bought to site.

With 4 rigs turning we can now expect further results monthly, not forgetting that further licenses will be granted soon as well as Newmont taking over operational control.

This price has fallen due to short term traders taking their profits as they are entitled. The reality is that shares are trading at 6p less than they were Friday afternoon, hardly apocalyptic. This price will be peanuts compared to where we are in 3/6/9 months, make no mistake.

News > Charts.

Assays will push us well clear of these levels, so I wouldn't worry about those gaps ;)

GGP is already at £1bn thought so multiples are much harder to achieve now than they are here.

OMI still only £60m Mcap

75p on results next week is my conservative estimate...

If the results are as good as we are hoping too then Newmont will soon take control which will ramp progress up exponentially

Yes it seems so. I am being offered 1.21p to sell despite the SP being 1.20p

Absolute sea of buys today yet we are still going down.

If they are lowering it to fill orders then it doesn't seem to be working. Something's got to give.

I am in. Drop is way over done and will be 40s again by the end of the week

Up the estimates to 15m Oz and $3000 per Oz just for fun and the bottom line of £2.208bn below becomes £5.749bn

I am hoping for the exact same! $1bn would be what.. circa £4 per share? I suppose I'd take that

I prefer:
11m Oz @ $2,000 = $22bn
Cost @ $900 per Oz = ($9.9bn)
Net profit = $12.1bn

OMI share @25% = $3.025bn

$1=£.073 so £2.208bn vs Mcap of £50m today.

Now imagine the price of gold goes to $3k and beyond... remember the extraction costs are more or less fixed..

I hope he turns up in a 3-piece suit and a top hat after the stick he got last time

Discussion on here helps stimulate interest for sure!

This dead board doesn't help. Pages and pages of 'add me to the telegram group'

zzz

Drilling has started off slow but is going to ramp up as stated by the CEO. Soon there will be multiple rigs at multiple sites as 4 years of drilling has to be done in 18 months.

The drilling and SP will ramp up significantly in next few months imo. The only thing to consider is whether you'd rather be ahead of the curve and buy in now, or chase it upwards.

Stacks of buys (again) and the SP stays flat (again). Why are we constantly being anchored?

Does anyone have a link to this?

twice today the mid price has dipped below 11 and shot straight back above. hopefully a bounce due

UT?

Closed on a high