Everyone has different valuation techniques and preference but for me personally this is worth starting to buy these again at 7.5.
My rational;
-return to 10p which I believe will happen 33%
-current McAp values Solg assets at less than the cash raised and spent developing assets
-assets must be of importance due to the calibre/size of partners with skin in game
-happy to add equal chunks on any further 1p declines
-sentiment is awful. Ecuador can’t get much worse that national stage of emergency which is well known and “in the price” imo
Good luck all, impossible to call bottoms but 220 mcap attractive as starting point to me
Once you have seen certain behaviours from Bod you can’t un see them.
Unless they surprise the market with a resolution that doesn’t give too much away in comparison to the original JV many holders will continue to feel misled by an imaginary JV carrot..
Bhargav, totally agree that the CEO and chairman are far and away the most irritating factors.
No rush Bod, what’s another couple of months delays on top of the 15 months already?
Omi holders no choice but to watch bod fill their snouts as they slowly and painfully drag events out over as long a period as they can get away with,
Every month”s another 15k in a poor geo’s pocket
Started putting some of these in the ISA today.
I like the annual profit Vs mcap so took a dose for value. Also looking for trading oppo with bets if price continues to weaken.
Good luck to others too
Even someone like me who was willing to buy more at lows is still currently negative.
Jury still out, clock still ticking and the bod have a responsibility to provide something of value for us to be positive about.
The reason the other JV’s haven’t added value is because they are too early stage so the market doesn’t respect the data.
They only reason they have been able to intro them without r dilution is because they don’t have a drill budget.
You see the chicken n egg scenario?
I’m with bhargav on this after the Annus horribilis. They have to earn credit and these early stage JV’s prove nothing yet
Hi Banzai,
Agree that a placing might be avoidable down here hence my purchasing.
Wise to hedge bets gambling on AIM, learned a long time ago to drip feed average, keep some powder dry in case or worse case scenario.
Good day today so far, hopefully a bit of momentum will build ahead of next quarterly gold update
Ching Ching!
Well done bottom buyers
Market been pricing in a placing for sometime here imo. Doest help when Bird starts diluting holders in his other companies to smithereens (Bzt).
I think this is worth buying here ahead of next quarterly gold update.
Bought a small amount trying to bottom fish but kept powder dry in case of more bird smithereens here but If gold equities finally turn more bullish as I think they will then I’m betting XTR ends this year at least x1 higher than where it is now.
Good luck everyone betting on/holding for upside
Looks like Brad moved into lithium just as spodumene price got smashed. His usual stealthiness benefiting all. Roll on 2029 lol
Kodal been smacked down to .31-33. No advice to others but I’ve started buying it down there. Could go .2’s if I’m lucky and then I’ll be loading up.
Anyone else got any other stocks they think are worth a look early this year?
I know it’s an Omi thread but until Colombia is resolved feels like not much else of value to discuss with Omi imO
Good start to the year for AGL
Still holding myself, looking for 18-20 before selling half/all.
Good luck everyone betting on upside here
HNY everyone, hope life serves you well this year.
Seingred to answer your Q from a while back (stayed mostly off line over the period)
Yes I am. I wasn’t that happy with the price anyway so my opinion is I either take full price now or get more in future.
Even if offer fails which I don’t expect then don’t see much downside either.
If there was something else I wanted to buy instead of I would but already sitting on most of cash I pulled out of market couple of years ago. I need to comfortably put that back in market this year so rather hold the equity.
Realise that’s more of an investor view than a traders but I actually regarded that one as an “investment”.
Good luck all, starting to believe low 2’s was the bottom zone. Got a 6 odd avg here, looking to sell half/all if those prices show in H1.