could do. look how undervalued it is compared to other gold plays. would need to be 3p to catch up with the mcap of OMI. and the grades here are amazing and in bed with iamgold. plus Cameroon drill coming up too could be a mega bagger mate and multiple pence coming
I think 2p may indeed be very conservative. considering Barrick have 16.9 million oz on same strike and produce 500k oz per year on Loulo mine. Could be talking mega re rate here dyor
for clarification- Barrick have 16 million oz on strike to this. plus numerous other world class high grade mines. We have already had world class grades reported from near surface like 60g/t this imo will go nuts dyor
on the presentation, I have just checked it does state Senala "advanced Greenfield" in the discovery category. I am pretty sure it would not be in this category if they haven't found anything decent to call a discovery. I think they have well and truly hit the jackpot here dyor
they already have 60g/t in Senegal. Cameroon sampling 150g/7. Iamgold drilling now have this as a discovery on their website. To have the same market cap as OMI this would have to be 3p. IMO this is where this is going
Older and wiser - morning mate. Seaborne iron ore price now at all time highs for 65% fines. Stockpile awaiting shipment now worth $237 million. (Minus costs) Annual Amapa revenues on study released will be $900 million per annum. Good luck
jiimb2- I was in about 6.7 p in april/may. I have 1 ID. But don't post on this board much as its probably the worst on LSE. Full of nonsense with spin and distraction away from the main value driver which is Amapa
considering there are 2 drill campaigns (Cameroon and Senegal) then I cant see anything else but a significant re rate, world class grades already on Senala (see Nov RNS)