Member Info for GGPThruandtru

Thanks Ciderette, so just the general gist of the man. Nothing specific about company plans going forwards?

It’s nice to see Teeling has gotten some others to help him and Arkle out. I’ve been here a good few years now, buying in for the Stonepark asset. The value of that alone is multiples of our mcap.

Just always felt Teeling has been doing this for so long, he’s gotten bored and at his age, he’s rightly spending his time doing better things now. Hopefully the new team can help us get to a value we belong at.

Its a been long slog, but feel as if the tide might be starting to turn 💪

Fancy enlightening us with a little recap as to what he said to you? Would be good to hear something…

Nice. Thanks Dr.REM. He talks a lot of sense. Notice how he always says proceed with caution. I love the fact he talks about the angles of the drills. (As a note for newbies, these angles are often used by companies to fake drill results - keep an eye out in future at other explorers for that)

He seems very confident in over 2moz which would be very good, but I have been burnt before by “historical drilling” so until OMI hit again, I’ll hold off the excitement.

But AGEOS knows his stuff, I suggest all OMI investors read through his stuff and see if it helps you in future. He never guesses SP or predicts future valuations. 2-3moz would be very nice and then it all comes down to proving it up in a cost effective way.

Like I said, OMI has bags of potential but we’re not past the risky stage to go “all-in”. Hopefully that time will come for some. Not everyone on these boards has an agenda, some people do just like to help and inform others.

Being a bit selective with your post there Breaktwister, no? You forgot the total valuation of the project…left it out by accident did we?

OMI has bags and bags of potential, but for gods sake don’t go all in of the back of Pepas. Yes it will be profitable, but it’s not the amazing project everyone here keeps plugging it as.

Going all in on a project that over the LOM (Turner Pope still have this at 12 years - which will be a lack of adjustment on their side - it will be less year but higher revenue) is actually less than our current mcap is seriously risky. If OMI start hitting elsewhere then by all means, let’s get excited, but not yet.

Ok, nice note from Turner Pope…but notice the total project earnings of $189m. Not even close to the numbers spouted on here of $1.1bn.

But, the IRR of 162% is insane!!! That’s not a cash cow, that’s cash cows plural!!! But it’s still not that much money over the life of mine (LOM). Yes they’ll be lots added but we need to temper our valuations of Pepas.

Another very good thing was the AISC of around $1,200 per ounce. Very very cheap. More to come from Pepas but this is all I tried to get people to see. Gold in the ground value is not a good way to look at things. Makes it very skewed.

Still, this should give the company some extra cash to play with each year which will come in very handy.

Aw Legal, dude 😔 Have you not noticed I’ve been disagreeing with him???

He might have jumped the gun with Pepas, but it doesn't mean he doesn’t know his sector numbers and workings.

Yep…you sound like someone that’s just got into the mining sector due to the recent high prices.

Good luck 👍

We as private investors don’t need to be “against” each other…as a lot of these boards will have you think. IF…an only IF (coz it’s very very rare for a small market cap to go huge) an explorer happens to get lucky and find something of note, we are then all in it together.

If a company ever becomes viable and profitable, then the institutions and funds take over…after that we have no control of anything…doesn’t matter what we say on these boards.

Our only goal is to figure out as much “fact” as we can…

Info, info, info!

Breaktwister, respectfully, back out mate and take a reservd seat. Remington and Element have earned the respect of various boards. You’re another fantasist.

The idea and ultimate goal with all these boards is to learn as much as the so called ‘pros’ know. But without their ‘job description’ trading! If a company is good and is making all the right moves, stick with them. Might be 2/3/5/10 years, but if we, together can work out the same information they have, then everyone wins!

Echo chambers never win…

Don’t you start the insults as well Element!

Does everyone else see these kind of interactions are what we want? It’s GOOD for us as investors to hear varying angles, numbers and facts. Echo chambers of the share price always going up doesn’t help anyone. And it attracts the wrong crowd!

Element, I feel you have the scale of this all wrong. It’s gonna be a small open pit mine that easily has the ability to return $60-100m a year to OMI coffers.

Even if it turns out that capex is $100m, the numbers are still good. Right now…at this share price of say average of 30p…add an annual profit of £20-40m the P/E would be between 3-5. Up the p/e and you’re looking at 2/3x share price just on this small tolling mine. AISC will make difference at that stage and that will be very low.

Nap, you gotta stop with this “everyone with a negative is a con artist trying to buy in”!! You’re so defensive and always resort to insults. It’s like you’re a 10 year old.

You should know from GGP that Element/Hydro has over the years learnt the trade and is often ahead of curve. He’s coming from a different angle, which as an OMI holder and believer myself, I want to hear!!! I don’t want an echo chamber of everything is good and rockets every day.

Rockets attract the wrong crowd. He is wrong on a few point and he is right on a few points. Stop making everyone out to be black or white!!! You’ve been on LSE chat long enough to realise that’s not his agenda.

They are historical Legal…I never take these into account as I have been burned before. If I’ve missed actual assays from OMI for anywhere other than PEPAS I apologise, but I looked back after your comment to 400 and still can’t find them.

The ups and downs you speak of at GGP were due to the massive rampers we had at the start that were in it for the quick turnaround, so they pump pump pump and then get out in two weeks after they’ve made their 10-20-50-100%. That’s what’s happening right now with OMI. That’s the problem. By ramping we attract the herd and the herd nearly always sells after news. (Hence the bad downturn with a decent MRE)

We saw it for years at GGP. Hence it went to 38p and way way overvalued before its time. Then it became a genuine bonafide mid-tier miner. We got lucky with Shaun, we got lucky with the right of first refusal. We got lucky over there with lots of stuff. But the hype and pumping destroyed GGP in the early days.

Hey Element, agreed but they do have some merit. Even if they’re like 200% out which I doubt…the numbers are still good for a tolling arrangement. (As long as people remember the TAX!) 😂

As for all the other sites, there are still NO assays, which means it’s all hearsay still right now. (Hence the annoying ramping).

The capex for PEPAS, if the PFS is good will be a piece of cake. I’m guessing it will be a single entity that will be willing to front the cash for it.

Great post Legal. If you have experience in the sector and AIM, then why insist on regurgitating stuff that currently has no basis. Surely you’ve been caught out before by rampers that only tell one side of the story and lost money? (I know I have)

Orange Moon, the fact that I’ve been in GGP for coming on 10 years now is the reason I can’t stand one sided arguments and bull. When I first started in the sector I was like most investors, naive, under-researched and most definitely clueless about the sector. Ten years later and thousands of hours research (due to the luck of picking GGP - when a share does well it REALLY REALLY forces you to research everything) During these ten years, I’ve been lucky and stupid in equal measure, but only in the last 3/4 years can I say that I now can help people that are in the same boat I used to be. (It’s amazing what an hour or two a day of research can do over a long period of time)

I despise rampers (LegalWolf - I have never put you in that category - just an over enthusiastic optimist) that have no substance and I don’t like people that paint everything rosy, coz no business is ever all good. I could write you an essay on the negatives of GGP too, as I keep abreast of them. (There are always negatives)

This is long enough now, but an immediate example from numbers today…$120m revenue a year but everyone forgets about tax. GGP revenue recently was like $400m but the profit was like $150m. (TAX!!)

OMI has bags of potential but lots of negatives and unknowns too.

Still talking about me Nap 🥱 Go take a break man 😴

Frack sake Element…the board was just starting to mellow out and you come across to make things worse 🤦‍♂️

There’s a broker note that states the $15m capex for Pepas. The numbers are very very good for a starter mine. It’s all good using comparisons, but the same comparisons can be found the other way too…companies with a lot less than OMI, but with a way higher mcap. Goes in roundabouts mate 🤷‍♂️

But the $15m CAPEX alone for 200koz is cheap as chips. Works out at $75 an ounce!!!! I feel the AISC here will be amazing. But, we need the OPEX too now and the timings.

40koz per year is neither $2m or $2bn. Try again ID78. And also, the original poster asked for the negatives too…take it you can’t see any?

See, this is exactly the issue. SP gets a breather and starts rising and suddenly there’s 20 posts about a re-rating/it’s all good/rockets/30p/40p etc.

Balanced views will always win out in the long term…thought you were all LTH’s in for the long game.

Haha, Nap…you’re so deep in your own little world these past few months, that you can’t even see who’s on OMI’s side anymore…

Case in point 😂🙄

Great post @threeturn but as Captain Haddock says…you won’t get many listening on here at the minute. OMI is at that crazy stage of mass interest and euphoria crossed with the belief that companies never make mistakes. OMI will do just fine even when everyone has moved on to the next flavour of the month.

And why is it always the derampers that have ‘an agenda’??? Do you not believe that there are also rampers that have an agenda. You know…the ones that ramp for a week to high heaven, get the price up for the next capital raising and then sell off after that’s done?

It works both ways…re-read @threeturn post and let that sink in. It’ll make you enjoy investing more without the emotional attachments to each share.