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Thanks PP like i said i was a holder here until recently, and thinking of buying back in. I hold GGP currently.
Looking at this though
https://insightcrime.org/news/increasingly-brazen-gaitanistas-attack-colombias-biggest-gold-mine/
which is just north, I think I'll sit on the fence a bit longer.
GLA etc etc.
Hi Peeps.
I was a holder here and have been keeping an eye on it and it jumped today.
Looking at the balance sheet.
https://www.lse.co.uk/rns/OMI/results-for-second-quarter-ended-november-30-2023-j04hquu7bha5v1z.html
the way i read it OMI has 2.5 million in the bank and 8.5 million debt ... ?
Not sure what that means but they need to raise cash (placement ... ?) which could cut the share price by ... xx % ?
Been burnt by this before, what do other think am i reading the balance sheet correctly ... ?
GLA etc etc.
Bhargav.
"In the meantime, 1.5-1.8p is highly likely imho."
I think you are right so i'll be lowering my future buy back in price, for my future tiny buy back in.
and lets see how it goes from there on.
In the meantime lets hope they get something good happening with the price of tin or find a diamond mine.
GLA etc etc.
Likewise, I've taken the hit and bailed, lost about 75% on this. My timing is usually brilliant so you can pretty much guarantee a blinding meeting on Monday and the share price doubling LOL.
I may be back.
Anyhow peeps
GLA etc etc.
No it didn't boom immediately, another player came on board i believe and then it did, however the point is still the same the price got hammered before it became better. I'm holding, don't have much choice really as it will cost me far to much to sell.
Lets see what happens.
GLA etc etc
No Market ... ?
When you view the crop studies and the fertilizer impact, there is an increase of between 15 to 50% on the crop depending on what it is, and whereabouts the crop is grown.
Once Polyhalite is available the market will be enormous.
The icl mine down the road will not be able to compete due to the infrastructure age, while they may be producing their version currently (polysulphate) AAL will soon take marketshare.
Future for AAL & Polyhalite will be tremendous, especially with stability of supply issues for stuff like russian potash currently being impacted by Ukraine.
Woodsmith will probably generate £billions over the life of the mine (50 years +)
reading that extract....
The total equity value pursuant to the Transaction is approximately C$1.4 billion on a fully diluted basis. The Offer Price represents a premium of 29% over Continental’s 20-day volume-weighted average price (“VWAP”) as at November 29, 2019 on the Toronto Stock Exchange (“TSX”).
Does that mean we get to look at a 29% increase ... ?
Overall I'm down 55% since i started buying this share.
Any advice - anyone ... ?
GLA etc etc.
Not sure if this has already been posted but tunnel progress on 13/dec/2022
https://www.geplus.co.uk/news/woodsmith-tunnel-and-shafts-making-great-progress-following-reconfiguration-13-12-2022/
This.
https://shareprices.com/news/orosur-mining-drilling-results-disappoint-refocuses-on-groundwork-s9pf23hudmzs8qq/
contains this line.
MMA also notified Orosur of its intention to move to phase two of their shared exploration agreement, covering a maximum period of five years, during which MMA is required to invest around USD20 million.
so looks like they are going ahead with phase 2 but it doesnt seem to be on the RNS.
Confused.
But just topped up.
GLA etc etc.
I've been looking at this on and off for years, never been in it.
If anyone is not aware check out OMI, bit like GGP but earlier in the evolution.
Caveat Emptor.
GLA etc etc.
wow still going.
OMI is back on the up.