Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Looking like it wants 6 today.
Yeah once 5p goes it should move. It's NT at mo
Bhargav ISA fillers them.
Get your shares before it's too late people. Huge interest here. Everyone wants to ride the elephant to 20p.
Newbof I'd imagine they got the raise out the way early for this drill campaign so I won't be to worried. That is done all ready. "Commercial sensitive information" on the last RNS can't get my head round it. Perhaps there is already a backer that will be revealed in due course?
Yeah you investing here not for today but for the next few months and drill campaign. It's only going to continue that northern direction as excitement builds moving into 100pc control and then into a drill campaign that promises speedy assays and no doubt lovely ones at that. Not heard anything from Nigeria for a while so expecting some updates on the other areas. Lithium exploration can't be sniffed at. Done well to get that land package....the Orosur team using their vast network to get the deal done there.
Mapp been locked out their trading account for ages. Different beast now and completely different circumstances. 40p was at a 20 bag or something from its low when it got there.... The price now is still a great entry.....but that is a riddle, and its a pickle, when stuck in the middle, to make that committal.
Golden car crashed and burned. Would like them back though. They were good banter. I liked the paint job.
DrR. Buritica is special no doubt and those grades are truly out this world. It truly is elephant country around these parts. Royal roads next door for instance have the Güintar and Margaritas concession areas that were acquired in 2019 from AngloGold Ashanti. Results there contain some low grade results along substantial meters. Results to date there contain hits such as GUI-DD-012, 303.7 meters at 1.0 grams/per tonne] including 62.0 meters at 2.1 grams per tonne gold and 12.4 grams per tonne silver). GUI-DD-013, 126.0 meters at 1.4 grams per tonne gold equivalent (1.0% copper equivalent, including 55.0 meters at 1.5 grams per tonne gold. 10.8 grams per tonne silver and 0.60% copper). GUI-DD-020, 118.0 meters at 1.0 grams per tonne gold equivalent. GUI-DD-021, 181.0 meters at 1.1 grams per tonne gold equivalent (0.8% copper equivalent, including 43.0 meters at 2.4 grams per tonne gold, 8.0 grams per tonne silver and 0.40% copper). Similar to La Colosa around that 1g/t. It's been talked about a lot previously but the source of the royal roads area falls on the Anza land package.
Mid Cauca belt is prolific for gold and other metals such as silver, zinc and copper. Anza is slap bang on it. Some incredible deposits in this postcode and close by. Pepas was so incredibly important as it adds credence to the gold district that is expected in the future. Deposits can be huge with a lower grade eg La Colosa which is open pit and is estimated to hold 1,051 million tonnes (Mt) of indicated and inferred resources grading 0.84 g/t gold. If we look back at the Pepas drills initially results from the first six holes included thick, high grade gold intersections in holes PEP001 (150.90m @ 3.00g/t Au), PEP005 (36.85m @ 2.85m Au) and PEP007 (80.55m @ 3.05m Au). Not to be sniffed at, at all.
Johnstoneo there is anticipation for the next 3 weeks of course but don't discount the Pepas drill campaign. That is going to be super exciting :D
It must be a golden hook to hang my Gucci bags on :D
That Omi out their foot down on this aspect and would only entertain at the original agreement terms. Perhaps Agnico were trying to hardball Omi? Maybe Brad is playing hard ball with them? Maybe Brad had enough being gagged? Maybe drill king brad thinks he is a better driller and is frustrated at the way Agnico lead on things. Anyhow once at 100pc they could possibly re-negotiate or negotiate with other candidates, that is if they want to.
Obviously both have there positives and negatives.
Rob must have watched a different video :D. Didn't hear anything about sharing the costs etc. Are you sure you watched the right one? I actually watched it again, just to make sure.
Agnico were brought in because of the geological know how working in similar deposits and they have experience working in this particular area and Colombia.
Poor Newmont didn't need Agnico cause they couldn't afford it, nor Agnico couldn't do it alone etc. Newmont were also put off a little with the safety issue in Colombia and so due to safety issue/ experience that was why Agnico were brought in.
My understanding is, Agnico wanted to stay with the project, but at different terms to "the agreement". I think
Save some shares for folks bhargav :D
It's a matter of margins and the feel good story is back. Gold is flying. Anza about to start it's engines. Broom broom. Omi has a new engine and it's tuned to make lap records at the Mid Cauca belt circuit. Rev your engines. Bhargav save some shared folks, stop being so greedy.
That is also speculative but a possibility and quite a strong one. Regardless. Depends what your timeframe is? No one is saying Omi is going to be next big major or turn from an explorer to producer tomorrow. Hardly stating to anyone to buy now and hold for 10 years lol. What most are saying is the rest of this year is going to be massive for Omi. It's been pounded into a pulp that there is going to be loads of triggers to stoke the fire and push on the share price. Pepas results will be a "gimme". The last good ones propelled this to 20p. Long term the other areas will be the company maker. That is if they can access the kind of funds that will add the zeros to the mcap. Near term if you want a few Gucci bags for your collection, then you can add now and let the magic happen. I don't have a crystal ball. Logic tells me that it will be much higher than today on 100pc and those drill results. I also do believe Omi/ Anza could be a takeout target if on our own. Will the majors let it slip through their fingers completely? Tough to call that. A lot more positives than negatives near term. Verdict strong but for 2024.
Sorry my fat fingers posted. My point is I just had a feeling that a JV or funding model might just land at same time as the 100pc update. Of course can wait for that security but you'll be paying through the nose for that kind of comfort.
Seingred. My collective example was merely meaning that Omi will be vocal about what they'll do and report assays regularly (like collective). That was missing when majors were funding, effectively gagged. That helped nobody, certainly not the Orosur shareholders. News was slow, ponderous and at times kept back or hidden from us.
Seingred the deal will complete, Newmont are our major shareholder. It actually remains to be seen just how this 100pc will look. "Commercially Sensitive Information".
It's been a frustrating journey with ups and downs mainly downs. The company has clearly not been able to be the company it wants to be and at times the board have been questioned...Many times. Genuinely I've always thought deep down Louis and Brad want to build something and expected phase 2 to go through. They were probably blindsided when it was clear it didn't happen. They are working hard at the moment and they've played a blinder getting the project back 100pc. All LTH have probably went through the range of emotions, questioning each others motives and such like but it seems everyone is aligned and are positive for the future now. That's no mean feat and if the next few months weren't going to be positive and Pepas drills sensational we would be calling them out I am pretty sure. Everyone is aligned in thinking that. Even the most critical of posters.... they deserve the clean slate as it's a new era and tlu always be judged on getting the project out of C&M and they are doing that. Commercial Sensitive Information you say Brad. Tell me more.....