RE: Is Omar's short AIM career over already?3 Jun 2026 13:13
Told you so, told you so, told you so.
What did I say?
Omar and his buddy take over the company after viewing the gravy train that Peter Hill rode.
Pivot to gold during a gold boom and ramp as much as possible
Give a loan to the company- to get your confidence (before paying himself back before the atrocious assays came back)
When the gold assays came back- he pivoted back to oil.
*THERE IS SIMPLY NO FARM OUT DEAL THAT TAKES OVER FIVE YEARS TO BE CONCLUDED*
They come back to this every time to find a reason to keep on issuing placings and pay themselves a salary.
After repeatedly claiming that an oil deal was imminent, he shifts back the gold play.
Let me tell you this- even if the gold was EVENTUALLY commercial, GEO are at such initial stages- and are cash poor- that it would require rounds and rounds of dilutions/placings- by which time the SP would be 'nothing'. We are talking several years- look how long the likes of ECR or Oriole have been around.
The goal is NOT to prove up Juno- Omar is running out of cash and since there is not much more PR they could squeeze out of the OIL FARM cycle (there either is a deal, or there is not)- he has come back to gold to ramp before a placing which will fund him and Choudry's salaries for the next cycle. It may not be this month, it may not be next month- but it is coming soonish.
They will continue with this financial table tennis until the game is up. I mean, why not? It beats your standard 9-5 job of auditors/consultant.
And to really underline the RED FLAG status, he disables comments on his X posts. Anyone who is still convinced this is a bona fide small cap is just delusional.
For anyone who is going to argue on me- i almost certainly had shares in this company before you bought in (check my history), the truth is- people bought into the hype and are now down so are trying to sucker others in- in the vane hope of getting their investment back...you know who they are....