Member Info for Jackbal

All bod criticism aside Dr R I Agree, added too early last week but I think 4 mill mcap and below with the current cash is appealing r v r.

I will become even less popular for saying this here but I think if there was chance to sell Anza for 5 or even better 10 million it would be preferable for all and above all the SP.

These other 3 JV’s would then have a chance to put some value back on mcap. If he’s forced to dilute to fund them the chunk of equity sold would be so large it would offset a lot of the potential gain.

However if he does “just happen” to be in possession of these other JV’s when a bid for Anza comes it will look choreographed and certainly no co-incidental imo. That sort of thing created a stain that can’t be erased.

Lol Seingred, Bradrick?

Zak Mir could or possibly should run some sort of Stock protection racket. If you pay him a fee he agrees NOT to tip your stock.

Bandit I couldn’t have put it any better. The s@it sandwich seems to be defying physics.

No matter how much we eat it grows.

If only they couldn’t patent this wonder fertiliser

The fact that we are even considering dilution at 2p whilst the only asset of proven value sits in C&M is mind blowing.

No explanation from them about how’s it’s come to this either.

I’ve messed around with silly stocks like this for decades but this one is off the charts ridiculous. You don’t have to be insane to hold or buy but it helps.

He can’t come out and say old JV not fit for purpose because he has also said their right to 51% was iron clad.

It can’t just be fit for purpose selectively, the thing is either valid or it isn’t.

If it’s valid why aren’t Bod enforcing it?

If it’s invalid why did they sell 51% with no JV attached?

He should have to answer that but he won’t

Yep and just because they have cash runway for 12 months it doesn’t mean they won’t raise in 6 months. They can’t leave it until last minute so the 12 months is misleading

I take back my comment last week that I expect Anza deadlock to be broken this year.

It’s gone from “remain confident of soon” back to slowly.

Who knows what to think anymore…

Jolly Good work Flagstaff, win the crowd (not)

As Orosurs PR firm could you kindly remind us on the cash balance Vs the spending requirements you just ramped?

Nah, thought not……

Waste of cyber space

BT the JV is becoming a sideshow to cash.

Omi won’t even have 2 mill cash soon and if they have to dilute down here catastrophic for all of us.

It’s gone too far/cash too low imo now for them to walk and the partners will be even more aware of cash position.

When I posted 6 months or so ago that the 2 million receipt had him over a barrel it was this prevailing scenario I had in mind..

I did have one consideration in defence of bod (not just saying because I bought at 2.25 hope I’ve been here long enough for people to know I’m sincere if regrettably a little disagreeable at times which I do apologise for if I go too far)

IF bod were colluding with the majors over cheap sale of Anza would he have stated his feeling that “they drilled wrong direction”

If he was in cahoots I don’t think he would have made that declaration publicly.

(Unless he just dropped a clanger??)

I propose Impecunious as non exec to look after holders interests and bring some class to proceedings. Good on you Impy

Karl good point and that’s why many of us think this is so stinky.

They could protect Omi and it’s holders interests but seemingly are refusing to.

Took the 2 million, gave them control without an agreement on P2. What has that 2 million done for us or the sp? It’s just going to get burnt on early stage geo that doesn’t hold any SP value.

Ceo says “if it drags on and becomes a problem we have recourse”

With a market cap of 4 million and cash pile dwindling and 2 v early stage projects to fund its clearly become a huge concern.

WTF are they actually doing? Ceo has taken 90k salary since C&M bombshell and that’s just one of bod

Everyone good luck t ya. Have we been brave or stupid?

I can’t see this deadlock running into 2024 but never rule out a new low in price and sentiment at Omi!

Dr R why do you think he intro’d the other JV’s nobody really wanted

Yes as I previously mentioned Newmont are shot caller

Who introduced Agnico into the 3 way? Newmont

Louis said was asked once if shareholders would get a say in sale on Anza.

He said because it’s a primary asset would require a vote.

What he neglected to add was that Aim votes aren’t counted.

Slippery

Would we? Only Canadian votes count last time I checked

Who controls the Canadian vote? The JV partner

Agree with chicken no t/over of Omi on cards.

More possible sale of Anza to give him cash to indulge in Argentina and Brazil.

Have to wonder if they actually realise it’s too obvious at this stage hence the long inexplicable silent periods. Are they going to try something else because even us amateurs no something isn’t right

Been thinking same. All a big act to knock the value and sentiment out of ANza so they can steal it? 2/3/5 million bucks for all of it instead of spending 16 mill to get another 14%?

-The refusal to enforce JV

-The drilling in wrong direction on back of a wonder strike at pepas

BT I really appreciate your effort to put regulator on notice if they do try the steal tactics.

But at this price even if they sold remaining 49% for as little as 3 million it would increase mcap imo.

All smells of tactics from JV partners. Was it the JV partners who put Brad in the seat? Is he working on their behalf?

He’s certainly being well rewarded for nothing already.

Stinks of tactics to destroy its own valuation but something has to give.

Normal SP service resumed then. Not dumping personally but can understand selling if you think you can buy back cheaper. At these v low prices a slight improvement makes a large diff to leverage on return leg.

But if (it’s a enormous if) it pushes up off 2-2.2 again some may see as a double bottom.

I prob paid a bit too much at 2.25 with hindsight but something has to give soon and the news would have to be catastrophic to take it a lot lower. Can’t rule out catastrophe tho.

Blind gamblers anonymous on this at the mo

Just hope everyone ignored coyotes noise at .11 level. They will have saved themselves a large % in quick time - FACT

For anyone intent on punting this .05-.07 range is probably the betting zone imo

On one hand not v enthusiastic about betting due to cap re-Org concerns on the other how many times do you see stock trading at such a discount to nominal price?

Not ruling that out either