Member Info for Chickenlegs

Enough is enough (is enough)

I can't go on

I can't go on no more, no

Enough is enough (is enough)

I want him out

I want him out that door now.....

Brad :)

Perhaps you are right bhargav. It may all be a ruse to keep those wages coming and so the board can get fat in retirement. Jings it's nice to see a buy. Who knows if it is mm's games or not. Have to do what is right for yourself. I agree pens poised was a pretty stupid tweet. Suggested something was imminent but yet here we are waiting patiently and as Johnstoneo says talking about the same stuff over and over again. An active board mind you, pity about the liquidity.

Yeah I have to agree the board if they had any credibility they lost it when the project went into care and maintenance. They also lost the last shred of trust they had when phase 2 was on and then it wasn't. Very much the rug being pulled. They cannot expect any shareholder to be happy currently with what we have had to content with.

Still getting the project back in their hands, in my book is a HUGE deal. I know they've been vocal about it, but until that is official it is hard for people to commit and buy here due to the trust/ credibility issue. Zero volume tells it all.

No one can say with certainty how the market will react on a positive notification here and announcement of drill program but there lies the opportunity....

Seingred makes a valid point re finance but the problem is Anza is technically not in Orosur's hands 100pc so I think it's a bit early to be talking "they don't have a JV partner to fund it" etc. Like Dr says there, I am sure they have had discussions with other companies. Perhaps no company will touch it also, of course that's a possibility. None of us know.

It's an ideal "shovel ready" plot with 30 Million already spent on it. It has also just had to two biggest miners in the world exploring it. Newmont's priorities changed, Agnico? Seemed to want to cut a better deal but Brad doesn't want to? So either Brad does want to go it alone, Agnico aren't really interested, Brad is trying to put pressure on Agnico for better terms of the have another company lined up?

It will need more finance to prove it up. I know much was made that it has to be a major with deep pockets but I think a company who are in the producing/ exploration game, perhaps with mines with short duration, no cash burn, making money but wondering where to go next will be looking at Anza. Especially if they are Colombian/ South American based.

Orosur's are on a new journey and they haven't jumped through the 1st hoop. It's the end of an old era and the beginning of a new one. Much has been made of the raise and the discount but I think folks are more annoyed at the timing more than anything as they out foxed us on that.

Dr R....

I think people are going to be surprised when Anza is handed over even the most bearish. I hope Johnstoneo can get his money back. They'd probably be better adding now and getting that average down so they could escape, especially if as they say they are in high teens.... even the sensible posters, ones who have been consistent say at this level are saying it is a good punt.

Perhaps that is not an option though for them.

Hope so johnstoneo then we can all get on with our lives. I wish we could all just sell now. Rubbish company hi

Looks like everyone can agree that at this price it's a really good area for a punt. I don't think anyone is looking too far ahead here. The wider market aren't really feeling it currently. So they are either oblivious to what is going on here, waiting for clarity on issues, or wouldn't touch it.

I think it needs to come back to Omi 100percent 1st. Huge news btw as the noose will no longer be around Omi's neck of the last 18 months or so and a drill program to follow that will yield results. They'll be looking confidence drills to build a bit of trust. They will have to add in decent amounts, of their own cash, to have some credibility.

I get the market may not value the previous drilling undertaken, or the spends currently on the project but a potential JV partner or buyer of Anza certainly will. Omi can hardly shout they have a JV partner lined up when they don't have the project back 100pc. Maybe no other company is interested, though I find that hard to believe. I have my own thoughts on that.

Things will move quickly when we get the official RNS. Hard to pin a value on the company currently but surely with 100pc Anza, with whatever deal has been cut, the company is worth substantially more than current mcap.

Any JV announcement, or positive drills results at Pepas then things can get a little bit crazy :D. Of course both are not a given. Buying at this price if you have a high average surely makes sense, or to have a better average than basically anyone holding here :).

Nope Rob. Indeed. Some believe that the bitcoin money off the last spike is coming into this sector. Time will tell. I think everyone agrees the asset has something, but after the way it has gone at Orosur understandably people are unsure.

M&A activity is going to hot up in the sector, I think that is a given. I'm surprised there hasn't been any interest of Anza, a few companies I would have thought in the area would be interested in finding out more, though the stance currently is that Omi are looking to go it alone and they don't have it in their hands yet.

Still we wait for official updates from Orosur... though they are bullish with tweeting to say hoping to line up drills in May. You would assume that surely this means an update is coming very soon, in a matter of weeks.

Still not been much action here yet which is surprising considering that will be huge news for the company. Or maybe folks just think the company is full of rubbish....

Not a pump but articles out there saying it was reckoned Anza was holding 2.7m

Sounding good. Dear Brad. We want to see that red dot.

Something I agree on and sticking to facts :D. The problem is the Omi board are all talk and no substance so I totally get where the frustration lies. It is over to Brad and Louis to deliver.

It's not really I childish comment and I'm all ears about all things Orosur. I personally don't know everything and at the end of the day having an open honest discussion is what this forum should be about, not insulting people.

Johnstoneo clearly you bring nothing to the table. Have my doubts you are a real holder or person. Just a throw away account to suit someone's agenda perhaps.

I suppose they are always fail until one time they might actually succeed

Can hear a pin drop at Omi. No biters. Only a handful seemingly adding. Wider market, either forgotten about omi, or not convinced.

My take is either it is a little early yet for speculative plays. Perhaps next week/ week after I'd like to think might start seeing a little more buying action.

Of the opinion most want to see a definitive RNS now. Been bitten probably too much with webinar tales of wonder that never transpire.

I suppose they are aways fail until one time they might actually succeed. That will be the time you don't commit and have had enough :).

That's fair though. For those who are a little more risk averse, like myself, I am just quietly buying slow and steady.

Got hustle these days prices went through the roof :D

Hilarious bhargav. If Omi doesn't work out, comedy might be your forte :)

I think it's pretty clear that the market are a bit cagey due to how things unfolded previously.

Some may be holding fire for certainty, some won't touch it with a barge poll, some may be on the fence and asking themselves can I trust them?

Completely understandable. I think we all thinking that.

I still maintain that price point risk/ reward at this level is the optimal that anyone could get.

It's a leap of faith though isn't it?

I've been adding continuously as much as I can possibly afford.

I can't tell people to do that, they have to do that all by themselves.

Good luck all things Omi.

Sorry last post a £1000 at 40p would be 2500 shares.

Yep that's the one thing that no-one cares to admit. At this mcap, of course there is risk, no one is denying that but none of the previous results have disappeared.

One could argue if Anza is coming back 100pc to Orosur, after all the spends on the project so far, results, data etc then this is the best risk/reward point to either buy, average down or whatever.

Surely buying now is better than at 40p, 20p, 10p or whatever people paid previously? Yet people are scared? Ok cash balance and safety net of majors funding is not as strong/ or looking likely to disappear but what use is it anyway to an Omi holder if the story cannot be told? It has not done us any favours.

They have also raised to fund drilling at Pepas which is close to a "free hit" as you'll see from any company on aim.

Example at 40p - £1000 would have got you £2,500 shares.

Now that same amount of money would get you 40,000 shares.

Perhaps this is the real reason that people are being supremely negative currently.

I sympathise for people who paid through the nose (I certainly did also) at the height of the bull, but to just sit idle and do nothing, except to bash the company is just frankly bizarre.

There hasn't been a huge amount of dilution in that time so I can certainly see why folks would want it cheaper to gather up shares.

I suspect people will start to see the wood from the trees and start to buy anyway. This company is close to monumental news.

Whether the company have broken the market's trust is another story.

Nobody that is negative is leaving here so I think that tells it's own story. It's not a good Samaritan act, to protect you.

Fun and games commenced.