Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hi, Zap
I'm surprised by this; you may be right, but I thnk not.
One has to make a judgement of character; and there are two points against Brad (he's not put any of his own money in; and doing a fund-raise before rather than after the RNS on the letter of intent was silly). But I think he does want to make a success of Anza, and the other projects.
He was kind enough to reply to my email, asking if he would be on site for the drilling at Pepas in May; the answer is yes. But it's not necessary, because the senior geo, Jáñez, has been with the company since 2013, and knows what he is doing.
I'm hanging on to my 2.17m.
Best wishes
I can add one more reason to Chicken's list. Orosur employs two "top notch" geologists to do the exploration; Jerónimo Jáñez and Ernesto Slavutsky, both from Argentina.
The praise comes from Brad, not myself.
@Tugmaster, cont'd
Obviously, spend some time on the company website. And watch the Flagstaff interviews with Brad, particularly the most recent one, 25th March.
https://www.youtube.com/watch?v=9a1sFDBvRc0&pp=ygUtRmxhZ3N0YWZmIGludGVydmlldyB3aXRoIENFTyBvZiBPcm9zdXIgTWluaW5n
Hi, Tugmaster
One very basic difference between GGP and OMI is market cap; £315m for GGP, £11m for OMI. Small caps rise and fall faster than large caps. So if both companies receive good news, the rise will be greater here.
Once upon a time, of course, GGP had a market cap of less than a million; but that's ancient history now.
There'll be a fund-raise after some good drill results; that's my guess.
Https://www.londonstockexchange.com/stock/OMI/orosur-mining-inc/company-page
28th August, 2020, 4.4p
16th Oct, 2020, 36p
Hi, Karl
Thanks for this. You should be OK with that purchase today. Share price is still very low by historic standards.
Best wishes
I have sent Brad an email, asking for further info on the due diligence procedure. The reason this matters, is that it affects the time-frame; if lawyers and accountants are involved, delays are likely. If it's just Brad and Louis going through accounts and documents, then much less so.
I also asked, if he himself will be supervising the drilling at Pepas.
I don't fully understand this due diligence. Is it only a matter of going through accounts and documents (presumably in Spanish), or does it also require meetings with representatives of MMA? And are lawyers and accountants involved? Or can Brad and Louis do it by themselves?
Also, do we know if Brad is in Colombia, or elsewhere?
Our daily tweet has arrived, even at the weekend. We thank you, O Lord.
It would be nice if Rick Rule put some money in. He did it for Power Metals about six months ago, so why not us?
O Lord, give us our daily tweet.
Hi, Zap
Thanks for the reply. As I've said before, the quality of debate on this chatboard (with a few exceptions) is excellent.
Best wishes
Hi, Zap
You are right, when you say "Brad has never delivered any news on time." But those delays were due to Covid and the joint venture (which he didn't create, but inherited). He's now his own man, and we can see his character appearing in the tweets (which I'm happy to read; they are much better than the alternative, which is a funereal silence); he has proved his competence, by extricating us from the jv on the best possible terms; and we will see further proofs of that in the near future.
Hi, Predator
I have no wish to be difficult, for I know your trading skills are better than my own. But it really doesn't matter, to yourself or anyone else, whether you buy at 4.3 or 4.4; in three months' time, this share price will be a lot higher.
And don't tell me, predictions are difficult, particularly about the future. For you may be right.
Best wishes
My guess is that at some point in the not too distant future, Brad will put out a tweet, saying the drilling rig at Pepas is now in position. He's obviously got a new policy of communicating as much as possible, now that the shackles of the previous jv have been taken off him.
I also think he's going to be very cautious about the terms of the next jv. Who wants to go back into a prison cell, when you have just been released from it?
Hi, Chicken
That quotation at 7.10 this morning, was that from a tweet by Brad or an email? The reason I ask is, that I've not found it on Twitter (which may be incompetence on my part).
No, sounds entirely sober to me.