RE: Buy -out potential26 Feb 2026 11:57
A buy out in this gold bull environment, cannot be ruled out for any half decent project.
Though if one does come, I'd certainly like it to be after:
APTA MRE delivered after expansion conclusion.
12 months minimum of drilling around Pepas.
El Cedro maiden drill campaign.
La VirginCeta Maiden drill campaign.
Early days yet.
I've just been looking at the ORR assays released today, 5% up on the strength of:
o 34.80m at 0.63g/t Au from 82.10m depth, including 7.80m at 1.29g/t Au, 1.00m at 2.21g/t Au and 1.10m at 1.36g/t Au
o 4.20m at 0.52g/t Au from 55.30m depth, including 1.00m at 1.08g/t Au
MBDD035
o 8.70m at 0.81g/t Au from 177.50m depth, including 1.00m at 4.16g/t Au
o 7.10m at 0.49g/t Au from 246.10m depth, including 1.00m at 1.06g/t Au
o 4.00m at 0.63g/t Au from 128.40 m depth
I've seen BPositive pushing the OMI market cap narrative vs ORR's. Such as these massively highlight the difference.
Not all Ounces are equal, far from it. There can be vast differences.
I'l stick with 200k high grade from surface, rather than 1m oz with a large amount of those ounces sub 1g/t from 80m.. In Africa.