Switched to OMI... the best setup by far for gold16 Dec 2025 15:05
Recently announced another huge result including,,,, PEP067 - 83.7m @ 4.29g/t Au and from surface!
anyone who hasn't looked at OMI should do sooner than later imo
They have made material discoveries at Pepas and El Cedro and have the Pepas mre coming in January and a heavy drilling campaign that's already kicked off at El Pantano.
Brokers estimate that the free cash from Pepas every year (with an estimated 13 year LOM) is equivalent to most of today's market cap at these gold prices. The capex to build Pepas is tiny at only $15m because the gold is at surface.
El Pantano is surrounded by majors who have all made material discoveries.
I think it doubles or trebles again next year.