Member Info for formerlyeasyp

Time scale out to a month.

Not a standard fundraise, might be a bid, could it be news ref Sweden?

A small contract win. The money peanuts but it's the where that is exciting. An order in the Gulf via a partner local services company.

Trading Halt on the ASX.

Good news? Very good news? Or bad news?

"Gary Marsh, Chief Executive Officer, said: "Whilst trading in the first half has been particularly challenging and we expect to see this continuing through the second half in some of our markets, our most recent order intake was stronger than any month this year and we believe there are further opportunities in security and defence which can deliver a much stronger second half."

Happy to hold into 2025.

A good contract awarded assume the market has already priced this in?

What do you think gold will be priced at in $ US?

I am predicting $3,000 by year end based on the fallout from the US election.

El Moctar recruited to smooth over local issues?

What we need is progress towards production!

Interesting US acquisition for what appears fair value.

Cash situation....OK to pay execs wages but not enough to build a productive mine.

"On August 31, 2024, the Company had a cash balance of US$710,000 (May 31, 2024: US$1,328.000). As at the date of this announcement, the Company has a cash balance of US$1,150,000."

Results in two months, not long to wait for confirmation.

We have just purchased RawCut which makes a profit from blue light reality TV shows.

Given that North Sea Oil & Gas profits are subject to a lunatic 75% penalty and that the UK has a Labour Gov with Ed Millibrain on the bridge how can Brokers predict a sp of £2.90 from here?

Aqui, I am only seeing green boxes.

Use the filter option, post what you think interesting or relevant and ignore the green boxes.

Yep, felt a little deflated about the market response this morning but concluded that as per the Lassonde Curve and Rick Rule one has to be patient with junior miners.

"The open pit mining is a simple, low-risk, shallow, free digging operation without the need for crushing and grinding"

Tiris, just dig and process. Sweden? Sweden could be the game changer imo but it is uncertain.

If it works as suggested....if, then I could see a partner simply buying QBT on the cheap rather paying an annual licence fee. Does it work when live mining?

"Following the filing of the patent application, live demonstrations of the AI Oracle will be shared with potential partners. These demonstrations will aim to show the real-time superiority between a mining device running the AI Oracle compared to the same mining device without it."

Clearly, POS needs more contracts and profits in order to persuade the markets.

9% down on early trading.

I fear HappyHaddock and others here are correct. OMI has a Brad problem....the geology, the politics, the prelim feasibility studies and financing can all be dealt with quickly by a good management team.

The Gold is not (imo) in the hills.....

The real Gold for long suffering shareholders is in the hope that someone like Rick Rule reads this RNS and decides they want 10% of OMI.

"R&D expenditure, including patents, rose from £516k in 2023 to £558k in 2024, reflecting ongoing investment to protect, develop, and expand the Group's product range."

Encouraging imo.