Member Info for JBCo

Just starting if you hadn't noted. Been a lengthy consolidation.

CEO recently bought £50k, market cap tiny

It's not a year, it's 18-24 months.

the point is that OMI can get to production without a further raise if they so wish. They can go all debt which is something Brad has said before also. And if they do it's c.400m shares outstanding with £80m+ free cash year year. That can self fund anything and with so few shares the % move here will be far far greater.

Another one that's very undervalued is FUM.

Director recently bought £50k and seems like that's done the trick. The shares are finally starting to breakout after lengthy consolidation,..

Okay... just you can grasp it...

1BN shares in issue @ 50p = £500M market cap

3BN shares in issue @ 50p = £1.5BN market cap (and yeah MTL have this insane number in issue)

"irrelevant" - you wish!

Course it does.

the less shares in issue the slower the market cap rises.

£1 and the market cap here is £3bn lol

Some of you are dreaming on here

you have simply too many shares, like it or not.

Another 100% climb here and the market cap is £800m lol. You can all keep smoking what you are with your £1 target...

Mtl have 3bn shares in issue and that's not changing. Every little rise there adds an enormous amount to the market cap. As for OMI raising in a year, you clearly haven't listened to the calls by Brad even though you say you're a holder lol. He has repeated multiple times the runway is 18-24 months. As for what OMI will be worth when Pepas is in production I have already said 3-4x as basecase. A big part of the thesis here though is the tiny capex which some of the anlaysts are projecting at only $14m. The options will be a fully funded debt package on such a small amount, should the bod so wish. On the contrary, mtl are having to fund $165m, all of the cashflow from a mine that is almost out of ounces and life. You clearly want to ramp MTL on here but let's talk about it on the forum, you are not highlighting the many negatives nor the risks

Sorry but you do have 3BN shares in issue and every 10% move adds a huge amount to the market cap here.

Too many shares here, was just having that chat on another forum.

the valuation of the company rises to rapidly on every 10% rise. 3bn shares in issue is a crazy number tbh

All good Anna.

MTL have 3billion shares in issue, the valuation soars on every 10% rise.

OMI have only 400m and the market cap climbs much slower, much more attractive.

That's down to you but we've around been told roughly the ounces, the aisc. All of that delivers $100m+ a year in margins. The big boys are buying what will likely be $1bn+ in margin to OMI and that's pre further upside from the North.

gl

That's your view but This is almost on a future 100% free cash flow yield whilst the industry average is around 20%.

market knows (or rather some appreciate) that churning out most of your market cap in post tax cashflows is transformational for OMI. Pepas alone can take this up 3-4x.

good luck with your other investments

Sein, mtl has a lot more shares in issue though so upside is more limited. Also as pointed out by the analysts, OMI's free cash in just one year for Pepas is pretty much today's market cap! I don't know what the lom will be here but 10-13 years looks reasonable. This is very cheap especially with all the assets that could deliver very material upside shortly. Also fully funded for 18-24 months...

Finally breaking upwards, worth keeping an eye on. Worked buyers there.

Hold tight here

Gla

Keep an eye on it, starting to break upwards

Think this goes flying soon napthman, best book we've seen in a bit here

limit orders only right now and bidding been immense on 21 yesterday and today

hopefully these big buys have wind of good things coming

That's good to hear, one major bear now flipping the other way!

Expect around another 200,000 in delayed transactions, Peel have done 250,000 today just by themselves