Member Info for Chickenlegs

Hilarious. Johnstoneo, Dr kindly offered you a bet for £100 which was for charity. You were too scared/ too poor to take. Now you just expect him to chuck in 10k? To "prove" he believes in this? He has been here for years. Even the non believers are here, you know why? As they are all certain it will complete.

I'd argue if they get this over the line and they come out of C&M then they have built trust back. That is what they have set out to do, anything less I'll be disappointed. Can't see that happening. There is a lot of activity going on I can assure you. Has anyone heard it is not happening yet either? No, so I don't understand the negativity.

If it takes until September that is fine... All seems that they are achieving what they set out to do, so what if it has not fit into the timeline. Regardless, if it went through last month or not, your arguement is they will have to raise. One could say the delay is saving them money as they won't be paying for drills. Perhaps peeps should be happy it's not through yet instead. When It goes through it will then be, drills cost money.

As for wages, it's less than the average AIM company CEO's. As for raises, the share price currently is a lot higher than the raise price. Oher AIM companies have raised at much bigger discounts recently. I deduce on these factors that these comments are tired and quite hollow, designed to spook investors.

The company is on the cusp of transformational news. Why readers do you think there is negativity day after day, why do people stay when they don't like the company? Ask yourself this.

Where did it say they will be drilling in September? Legal frankly you've just plucked a month out of thin air. Maybe it will be September, but that is a complete guess on your part. Just as easily be drilling by the end of the month or July, or August, or October etc. Point is no one knows when it will be. What you allude to is opportunity cost of holding, a trading mind set. That's fine too, but you could also sell up and miss any real gains cause you miss timed with the September prediction. Things are definitely happening in the background and for me it's looking good.

It's coming mickykay65. Trust the process. Full confidence.

Got to keep the faith. We are close.

Sorry you meant concluding by August and the drilling much later..... Wouldn't be posting here if I thought that, or had money tied up in this. I'd be coming back in 2025 when the drills finally start to turn :)

I suppose some will keep the candle burning of course while others will continue to be derogatory about the company. Both opinions just as valid and should be considered. Point is everyone expects It to conclude and positively by the sounds of it, just that no-one can agree when that will be . It will conclude when it concludes is the mantra. Makes no difference if you are here anyway and not trading and been here for years. The very fact your saying Omi will be drilling by August tells me you are very positive about completion chances, but struggle with mining timeframes which can be a bit of a slog. That's ok too but most would agree that the rationale to be invested in something that causes such anger, anxiety and pain is counter productive.

Yes Dr I think we are close but it's all guess work like everyone else is doing. Someone is bound to get it right eventually. Rather than be worried, I'm excited. Of course I'm optimistic, that's why I'm invested here, I see the company coming out of the c&m darkness and believe the drills will be turning shortly. Otherwise why bother.

Isleworthspy. Some points I agree with within your post and others I don't. Firstly I don't believe negotiations will run in to next year, I do not expect an RNS every month saying still ongoing etc. It was made clear all parties were in a bit of a hurry, it was also made clear that majors are still paying for anything regarding Anza and that c&m covers this year, and previous overspend covers this year, but moving forward the agreement has exploration costs that majors I would assume would be tied too as per phase 2 agreements.

I also disagree re having an impact on price. Having 100pc direct/ indirect control, being in amongst a drill program, getting results, and possibly having a JV partner/ finance are huge triggers for a company such as Omi. Most of these will have the market alot more at ease, not many shares swirling about. If this news does not move the price considerably I would be shocked. History tells us this moves on positive news. Coming out of C&M is absolutely massive for Omi. Other companies recently have moved like the wind on far far less.

I do however like your thinking re Agnico. Everyone posting just expect it is bye bye majors, Omi left high and dry and trying to fend for itself. The previous correspondence stated 100pc direct/ indirect control and commercially sensitive data. I think some kind of finance JV with Agnico is a good shout.

Way back Orosur has completed a preliminary geological model for the Aragon-Pastorera Trend Area which was based on 17,408m of existing diamond core drilling data from 53 holes previously drilled. 3,000m of this core has been re-logged, with special attention given to the lithology, alteration suites, structural trends and grade distribution.

Based on this information, a geological estimate of an exploratory gold potential of a portion of APTA had been prepared with the assistance of Mine Development Associates (“MDA”) of Reno, Nevada.

The resulting potential ranges between 1.6 M - 2.3 M tonnes averaging between 3.2 - 3.7g/t Au. This estimate is based on drilling around 7 years ago and nearly double the amount of drilling has happend since. Wonder what the models say now, when we now have a discovery at Pepas?

The Company believed at that time the mineralized zones in the APTA continue, both at depth and at the surface, to the north and south of the limited area which has been analysed to date and included in the preliminary model. As such, there is the potential for a much larger resource base to be identified.

Just to note The Anzá project has existing mine and environmental permitting, and its existing infrastructure, including camps, roads, power and water, are in good standing.

The also has environmental permits enabling both underground and open-pit mining operations. The Anzá project includes two small underground gypsum mines, each of which also have environmental and mining permits granted by the Colombian authorities. Historically, the gypsum mines and

Sound advice TJ999. Everyone is speculating and no-one has a baldy what may or may not come. It is still not clear what will be coming for us holders, and if Omi will be in direct/ indirect control. Seems the length of time (not long) has dampened spirits along with bearish comments. Nothing have changed, it all seems to be coming together and looks to be at a regulatory stage. The company cannot communicate when they last went to a toilet, doesn't work like that. You either stump up your money in the believe some resolution will be made, or sells as you thing you are being taken for a ride. Constantly belittling something you are apparently invested in must be tiresome and makes no sense. Taken at face value, Orosur should be on the cusp of a new dawn. Judge them on what happens next, not on a slump that quite frankly was sector wide and largely out of their control. Anza coming back online (maybe do you feel lucky?) is the news for this company.

Johnstoneo the project has been in c&m. No wonder there is no drilling being done at Anza. The whole point of getting Anza back is to start moving the project forward. Pretty big deal for the company if you ask me. If I thought the wool was being pulled over my eyes I'd be long gone and so should you if you think that is the case.

Napthman1. Agnico in a JV. Why not? Word on the street was that they were interested but not at the same terms. Of course all the companies have been negotiating for quite some time so they could have quite easily come back with a better offer. I wouldn't rule out anything at this stage. Surely they wouldn't want to let Anza slip from their fingers when they are already so invested in Antioquia? Or maybe Orosur have been working towards something altogether more exciting/ or not as the case may be.

Added this in the last week. Like a little risk. Just a small holding. Potential is here.

Good to see a bit of hustle Vikk22. Helps pay the bills. Thanks for posting your second time to let us know your thoughts. Tough out there, cost of living and all that. Shouldn't be long to wait by your timeline thankfully.

Not only are donkeys cheap, they are also good for the environment, compared to helicopters. Showing their green credentials the Orosur demonstrates it's commitment to sustainable practices and responsible environmental stewardship.

Question that personally gets me is have Newmont broken terms of the contract and if they have moved into phase two and paid the money to enter it they are also tied to the exploration spends for the next phase even if they have put the project into C&M? I'm no legal eagle so this is speculative and something to consider. Clearly this is messy as they are major shareholder etc. In which case would Omi then be due some kind of payment? And is this why only 500k was raised for the completion of the acquisition, as some kind of payment has been floated behind the scenes. The timings of both Argentina update and Colombia update 3 days later is also curious. They don't always drop updates so close together. I'm expecting the unexpected and I wouldn't rule anything out. Being so overly worried isn't good for your health. If your not game for an element or risk then probably best to sell up. Though personally I am really confident in everything concluding. Mug punters we all are, soon to be joined by more :)

Bhargav have to agree. They want to string it out to the mining conference and make entry attractive to parties. They will be looking for finance, which of-course is their right and will be needed as posters like Seingred allude too. Some will call that a begging bowl, which is a nice term but harsh. In reality all junior explorers have the perennial begging bowl out. They still have a lot to prove, but it is pretty much certain that Newmont are to stay with a holding in Orosur. They may even want to increase their stake in Orosur, especially as they have had a bit of dilution. I think until it's 100pc over the line, all cards are on the table. None of us lowly PI's know really know what is happening.

Perhaps the certainty, or the markets perception is that it is definitely going to go through. The update is purposely vague. I think it is already at the stage of regulatory. Personally I think it is closer than people are giving it credit for. Most who wanted to bail did so in the 5s. I don't see any of this as a delay, just jumping through the necessary hoops that were always going to take a bit of time. Unless desperately needing the money, why stress. As Nike says (just do it) "add".

Hi Dr yeah I think probably final hurdle. Already in June. Can almost taste it so will grab a few more over next couple weeks. If it's getting to regulatory stage then it's all agreed with the companies.

Hi Legal. I was under that impression also. Brad can be extremely aloof with throw away comments and doesn't realise the effect that can have on shareholders. One day they might even hit a given timetable that is given in an official RNS update to market. Wishful thinking perhaps. Does it change my investment strategy? Not really as I expect things will pick up once it will officially come through and I suspect they at lining up ducks for a really strong update. Especially as the mining conference approaching at the start of July (where Brad is a guest speaker). He will want to be at that holding some Aces. I can see how missing timelines wind up traders though. Missing them clearly has an effect on the opportunity cost of holding and missing out on other trades.

Johnstoneo to be fair you are one of the worst to cluck for an RNS when it doesn't come yesterday. Haha :). If it's July it's July. It's not about when it comes, it's about believing and having conviction that it will come.

If you don't think it will come, and are seriously worried about it, or think it will fall through, please do yourself a favour and sell up. Save yourself from evil brad who just tell lies.

Fact that everyone is still hanging about, tells me, tells you that we all think it will complete. The frustration comes from it not completing end of April, end of May, not knowing when it will complete etc etc etc. Omi shoot themselves in the foot with timelines. Much discussed.

Enjoy the opportunity to add when the lemmings are jumping off the cliff.