Member Info for Jackbal

Yela calling it a strategy is very kind of you.

Around time he tried to intro the “free hits” it was a red flag for the SP and I know was discussed at the time. We were all still a bit blinded by the dazzling grades at the time.

His only strategy is to say whatever he can whilst committing to nothing to earn 180k per annum and to avoid buying his own stock as much as he can.

This was never about the SP for the bod here and if were honest we got blinded by Anza grades while being fed a false narrative.

We believed what we wanted to hear even though it was riddled with contradiction,

I just think the fact they RNS how delighted they were to move to phase 2 with accelerated exploration activity and then tried to smudge over the reality is abuse of the market.

Yes there was a C&M rns to cover his ass but it’s his false narrative that has caused the despair and confusion.

He hasnt played with a straight bat because the truth of the situation would reflect appallingly on his self awarded pay rise which was already highly questionable before he dropped the Anza ball.

Seems more like just rolling with punches than strategy and that’s me being kind.

Karl it’s irrelevant that bhargav held all the way up and down, it’s more relevant why he held and that’s down to board misguidance and lies.

I feel same as Bhargav. It’s like agreeing a coin flip and after paying up realising the coin is double sided.

Can’t believe people don’t get that.

We all know it’s high risk but you expect a fair gamble.

This is closer to a scam

Your a gentlemen and a scholar.

Sold 9% of everything for a paltry 500k.

Bod annual salaries and expenses will swallow most if not all of that 500k

He must think we are all as thick as sh@t if he thinks we can’t see the “problem”

Anyone else remember when Brad was asked what measures were in place to prevent the Colombian saga being dragged out?

His answer was that he had “ recourse” if the situation became a “problem”

Isn’t selling 9% equity for such a small

sum a problem?

If not why not

Thanks for the other crypto nudges Seingred, I do appreciate it and I get it that Arb isn’t fundamentally one of the stronger miners but but I’m using the 20p discounted insti placing price to trade under and over (managed to buy it back in 16’s and hey presto Bitcoin 56k arb 21 again).

When I’m done with arb I’m going to take your comments on board re. better fundamental crypto plays. My rule is I’ll only ever hold one crypto play at a time: If I lose a toe I’ll still survive! The rule I also imposed on myself at Omi about not holding more stock than ceo again hasn’t benefitted me but has saved me greater anger/ pain. I probably won’t even buy Omi in 1’s as would mean breaking that rule. And if I’m going to break rules has to be with full conviction not out of frustration.

I will become even less popular here for saying this but unless Omi have another partner on standby getting 100% back is not a game changer on its own without a credible plan to explore in an economic manner that doesn’t include extinctive dilution.

Every dog has its day, just waiting for an exit at 5 now (adjusted my 6p target because of the 9% dilution and warrants)

I try not to look at Omi too much since the placing, don’t trust myself not to watch last webinar. So far ive avoided and feels like I’m

Winning in the most pathetic way I can imagine!

Seingred, Mushrooms lol kept in the dark and fed crap to eat? Or magic perception bending mushrooms

And then I ask myself how a potential JV partner will feel about being encouraged to invest in OMI when bod refuse to put own cash in??

Blaming negative posters for a share price decline is like blaming an illness on the symptoms.

If Bod ever decide to stop taking the absolute pxss out of their shareholder then I will have reason to stop criticising.

All the time they continue I’m going to say what I think.

If you don’t like it find a new school, I’m going nowhere until I sell and I’m not going to pretend to others that the situation is better than it actually is just because I got stuck holding this on the back of a false narrative

I’ve done loads more on AIM than you Rob over last 25 years Rob I can guarantee you that. I know how it works better than you.

If I go back over your posts you will made to look silly so just have your opinions and let others have theirs

The other argument was that Agnico were operating Anza so freed them up to do other things.

So now they are going to take back operatorship on Anza so they are not freed up to do other things.

Aside from the fact they are just liberty taking clowns, they are not liberty taking clowns spread too thin with too little money to make an impact on Value.

Yes I know that the early stage stuff has to be completed but that’s only because insisted on these other projects.

Verbatim quote from Brad

“Market only ascribes value to drills”

Yeah the old “free hit” narrative. Don’t get me started on that again. After deciding not to watch last webinar I felt I did myself a favour but this is all SO enraging.

Nothings free in the market, everyone knows it, he knew it too.

He Just wanted to justify the introduction of unaffordable JV’s because the remuneration committee gave him a target to intro 2 JV’s to secure a payrise of 30k (150k per annum plus perks and options undervalued the CEO according to guess who? The remuneration committee made of Nick and Louis. It’s all in the doc’s for anyone that can actually be bothered.

The SP for the rest of us and the balance sheet came a very firm second to his 30k per year payrise.

Said frequently at the time it made no sense to increase SP at the time (and that assuming Colombia was going to plan!)

With Anza up in the air it’s just kamikaze risk management but why should they care with their pitiful holdings?

If the bod could be regarded as simply weak but well intentioned you could make a strong argument for value at this price but I can’t get away from fact we’ve all been played. The terrible irony is that it couldn’t have gone better for bod from their personal financial perspective,

-half a months CEO salary currently invested in his own equity - immune from the SP pain we all feel.

-the shockingly bad performance has benefited them as they have secured X3 more options because the SP has crumbled

-no incentive to move quickly with cushty salary perks and no proper voting rights

-no incentive to actually buy stock because the optIon package proposed by themselves and awarded by themselves gives them tons of upside exposure in a success case but no downside. Loads of free bets

Is all just appalling management or just very clever abuse of shareholders?

Hmmmmmm

Imp considering the situation we find ourselves the board generally plays the ball and not the man.

Even though I hate the stock I like the company

Respect you for it

Good on you Jeb. Respect

I’ve chosen not to watch from the comments. Just going to wind myself up if I do!

Come on flagstaff win the crowd again! You know you want to lol

Post a link to another pantomime webinar to earn those fees out of shareholder funds!

Karl that’s not really giving any examples of anything “done well”. Let’s agree to disagree as I can’t be bothered to make the point stronger by listing more negatives.

The fact all companies have been affected just means some are undervalued and will recover strongly, others won’t. It doesn’t defend the indefensible imho.

Imp fair point delivered, he’s been very slippery with his spoken implication when compared to rns. You can tell he was a broker.

Seingred - thanks for this, will take a look this week.

I will actually be very happy to be proven wrong and made to look a clown myself but I can only conclude that they did this 500k placing in the 2’s because they know the next ANza update isn’t going to be soon enough or provide the relief to the SP so did it to be on the safe side as far as their salaries are concerned.

It really doest make much sense to dilute your only asset of value by 9% to do early stage exploration that carries no value elsewhere.

Maybe he will scrape enough to drill a single hole somewhere to “feed the ducks”.

If TP are correct and no other funds required for 12 months that means no drilling at Anza for at least 15-18 months.

I hope they do need funds sooner to get a drill back on anza because quite frankly it’s the only real catalyst and the only reason the vast majority have been trapped here with the wonky narrative.

How “Delighted” Louis was to move to phase 2 with accelerated exploration activities. Then just put out a care and maintenance rns to gradually lower expectations.

How they thought that was acceptable reporting for a listed co. is beyond me.

Even by aim standards it’s one of the most misleading statements I can remember.

Guess they deserve another payrise

“I think Brad and Louie are doing ok”

Why won’t they invest in their own stock?

Why do they raise on aim when aim holders votes aren’t registered?

Why do they award themselves payrise and options for non performance?

What have they provided in terms of actual value? (Not jam tomorrow, over previous 2/3 years)

Why do they hold AGM abroad but raise money here?

Why have they lied in Rns about moving to phase 2 and accelerated exploration?

Why did they take on projects they couldn’t afford and put balance sheet in jeopardy?

Why did they gain lithium exposure when the market went negative? (Feeding the ducks comments just insulting)

The list of things they have done poorly is much longer but I’ll stop.

Please make a case for how they have done “ok”

I’m intrigued