Member Info for jwoz

HH - am increasingly enjoying reading your updates and contributions. Credit where due and am all for paying compliments. Am at the point where when i see your name on a post i am very motivated tk read and soak in. Kudos and thank you. Best of luck to ya.

if youve got 60 metres of rock that's c10g per tonne of gold... you don't have many issues, or shouldn't have at least

rockstar interview to support the brilliance of the situation. I think a couple of blockbuster RNS's arent far away either..

More drilling results for Lithium (which i think people will pay a LOT more notice to now - just read some of the previous ones from months passed, they are ridiculous)

plus Gold updates

any day now on either and I think there will be a rocket attacked to the SP when they do

All subjective SB from an investor standpoint versus the decisions being made inside the company. Can see your point of view to an extent but depends what you see/think when you look at them. i personally see them as a South American precious metal explorer come, latterly, base metals too. a year ago was all about gold but its now about a lot of gold but also more than just that.

as I say, subjective though.

sorry, typo. VMS

As soon as APTA became a VMA Orosur stopped being a pureplay gold business. they are still majority gold and very clear on looking to turn the ANZA project into a tier 1 HUGE gold discover... just so happens it will also be a silver discovery, a zinc discover, a copper discover and an iron discovery... don't blame them. blame the earths core. its very good news news. a multi million gold asset is good enough. the rest is just decorative cake icing.

this new project is very interesting and fits with the types of base metals they have arrived at by default in their portfolio. in a location that is both brilliant for OMI and also as a base metal prospect.

seems very exciting to me

notice the wording in the RNS that in laymans terms says "we are doing this because we have lots and lots of money in the bank to spend as we see fit on future projects"

hopefully this will dispel any fears of short term raising.

its written in black and white - the balance sheet is strong

With you Nap. strange change of tune overnight.... makes for odd reading all things considered
OMI have stacks of cash and more on the way and are paying for sweet FA atm really.....
they filled their coffers late last year to have a 2 year carry

they sort of have to do this.... as so few shares in issue.
i find the mind games and manipulation fascinating.
all part of the AIM antics.
those that can predict I salute- as its some skill. i think the guess was 10% down to collect shares and then climb to c25% up
cant imagine this finishes anywhere near this price today... so I'm with the person who predicted the above.... but am less skilled to know such predictions

A distraction from what? Watching two of the worlds majors do all the drilling on their other project, pay for the drilling and pay OMI too for the privilege?

Counting cash and staring at an ever stronger balance sheet must be incredibly time consuming.

Thats correct Phoebus
since the placing they have been watching Newmont and Agnico pay for all the drilling whilst they counted piles of cash and shut an office they don't use to save even more. the balance sheet is almost as strong as those drill results

i think the presentation is going to be telling... several months of progress and drilling behind the scenes... yes the RNS was awesome and the 70% lift is both exciting and overdue... but I think the story later today is what we should really be excited about

you would expect that there is going to be lots of news outlets stateside chucking Ironridge into sentences in very positive ways today, tomorrow and moving forward... the response should then follow from those brave ones that bypass everything and go straight to IRR with their dollar bill y'all.

the hilarious part is that (unless i misread) they confirmed in the RNS this morning they have £30m in the bank as a result of this. So lop that off the MCAP and you're then left with a number that is apparently the value of all their gold and lithium assets. c£80m apparently..... not sure how this doesn't become a £200-300m business very quickly.

i think we will see some monster orders being filled after lunch or after markets close

we wont be waiting long for some blockbuster gold news too.... i get a sense they've been lining things up behind the scenes with demerger news and JVs etc. we are due gold news and have a hunch it'll drop quickly... #ducksinarow

Lock in on the subscription shares preventing and short term sale is a brilliant move too

Wow

Its like hollyoaks on here

i didnt get vibe Africa was sucking away at funding, but of course I may be wrong.
Drilling paid up front would kill it for sure... however its a net : net I suppose.
we either have money in bank, 21m MCAP and a massive drilling programme ahead which is exciting but needs paying for
or
we have pre paid drilling and have a 29m MCAP which could and should go one way only once the programmes forecasted results start to arrive

there was a bit of chat a while back (remember Ella being involved) around how much their bank was drained with phase 1 which was funded for the initial holes but the placing then helped them expand to the extra holes... i seem to remember it being concluded (speculatively) that there could be c3m left from the total they had to spend... using the indicative drill price per metre

guess work though.
am neither in the know nor an expert... hence fag packet comment.

seems we agree loosely on the sentiment I had here re where things are. which is encouraging (to quote big col)