RE: RE: SP24 May 2021 18:30
I'm in the if we are to be taken out camp it will be 12 to 18 months time. I can't see it happening before then myself I just think it is too early and I don't think Apta data is enough for the majors to commit to a buy out currently.
I would imagine they will want more data from the other areas before committing but if I was offered 60p today i would take it. I do think omi's 20pc share would be worth more than 60p but it's very much a jam today or tomorrow discussion.
I also understand what Sotalo is saying with the deal that is already in place but there are many variables to consider such as what's actually proven in the ground at the time, the share price at the time, how far along we are with regards to the deal, price of gold, projected pog, cost of extraction, profit margins etc.
I also would like to see Omi maybe have another licence somewhere activated. I think Anza is going to be a great egg but I think having another licence maybe gives a bit of leverage to them if the majors take out Anza.
I'm sure the board are aware of all this though and are working on things in the background. I do remember them saying that there wasn't sufficient value in the market currently so maybe they are waiting for the right licence to come up at the right price and not just taking something up for the sake of it. Going to say it. Trust in Brad.