Member Info for Jackbal

Started buying these today.
Lost 90% of its 12 month high so either going bust quickly or sentiment going to change at some point over next few months or more hopefully weeks.
Betting on the latter due to cash runway.

AN is a joke though, it’s a business not a charity.
If he just wants to help sufferers his number one priority has to be standing on own two feet financially. Get priorities in line, if you don’t make this a successful business that’s attractive to investors you won’t be helping anyone.

If it’s still a falling knife will buy max 7 lots every 2p drop but don’t see it going under nominal value.

Good luck anyone else trying to catch this on the turn.

Whether you have faith in bod to deliver or no confidence I think the following statement made by another poster sums this up perfectly for all
“The bod are almost on trial given the comments they have made”

Couldn’t agree more

When they sold 20% for 600k at a record low a fraction above nominal value and claimed
“Demonstrable confidence in the assets”
Credibility was shot.
The fact mm’s appeared to have access to that placing and most of the stock got flipped is totally at odds with demonstrable confidence

Kutzz, not my style but I must point out that a placing in teens is above my expectation and a placing in single figures is impossible with .10 nominal value

Hope red flag staff pay attention to Bens work.
He’s probably done more to positively promote Omi in 17 mins than we’ve seen in last 18 months.
Good summary Ben

I can provide numerous answers for the record, just not going to say anything else until resolutions prove me correct or very wrong. If I’m very wrong I give my word I won’t post on Orr ever again.

Respect your opinion kutzz and sorry you don’t want to hear my view, I can totally understand why.
It’s not aimed at you or your opinion, squarely at bod.
I’ll say no more until we see the resolutions

Or switch Ori with Ars,
That’s how I feel about bod here.
Only finally giving the SP a mention to try and get holders on-side for the resolutions by giving impression they finally care about SP.

Seriously what impact did they think flooding the market with billions of shares to do walkabouts was going to have?

It’s a lot easier to say we don’t want to JV so early than the reality of nobody wants to JV with us at present. Now they have changed to the narrative they are willing to JV so that they can say they tried this first and cap re-Org sadly the only option when in fact it’s been heading this way for last 3 placings.

Massive hole in proceedings as they haven’t added value with early stage geo (no surprise at all we all know it’s only drill data the market respects), haven’t furthered any portfolio assets to monetisation and now they will prob sell another 30-50% (on top of last 20% firesale) of the co for minimal drill budget. Even if the drills do get lucky most holders %’s significantly impacted before grounds even broken).

They didn’t care 18 months ago when Bob was telling holders that Chatroom posters didn’t understand how he was building assets.

Poor poor show even by AIM explorers standards.

Apologies LW!
Got you confused with the other big bad guy

Wolfy totally agree.
Re: the 2 million received I can only view it two ways
1. They have agreed terms and just a matter of eventually signing what’s agreed in principal
2. If they can’t agree it’s refundable.,

Any other possibilities I’ve been too silly to figure out?

Bhargav
Over 3 days you have gone from
“I’m not explaining it 3 times”
To
“I don’t know what they spent in 9 months”

“Rns is wrong” (which if true is surely worthy of discussion)

Don’t even want a response just highlighting fact that for all your posts, Frequent comms with bod and agm attendances your guess is as good as anyone else’s so try not to be so dismissive of others views.

You haven’t benefited at all, in fact i think you have been negativity affected by your comms with the bod who for some reason made you think 50p last Nov.

I don’t hold you accountable at all, just wrong

Apols 27th Feb
“After 2 million gift and mere 5 million to get us going for a while”

Bhargav if that’s the case why did you refer to a mere 5 million on 28th Feb?
Let’s not get into insults….

“So according to some of you they spend $1.5 mil over a month or so?”

No, according to rns:
30th Jan rns states “as at the date of this announcement the company had a cash balance of 3,594k”

2nd March RNS states that 2 million dollars have been received strengthening balance sheet to over 4 million cash”

Ok it might not be exactly 1.5 million but it won’t be far off because you don’t report 4.5 million as over 4 million cash…

There, I’ve explained it and I will explain it for a third time if you wish

Just reading through some of last months posts.
Seems I wasn’t the only one who expected a cash balance of 5 million upon receipt of the 2 million!
Some of the more expert posters here were also saying they expected a 5 mill cash balance but no comments from anyone today on the big burn rate since Jan 31st
Approx 1.5 mil spent since 31st Jan?????
Find it odd that nobody else is curious about it

Still think this is good value around here but the upside gets consistently stifled..

All the extra delays lead to more cost to Omi…
It’s not just plain old impatience there’s a fundamental knock on effect

Cash goes up or down, it’s that simple

“Some sort of cash injection was misinterpreted by the crowd”

You haven’t made a point to begin with Bhargav, no point repeating it anyway