Member Info for karl345345

JB, imp owned 2m shares here. He’s sold 25% today and still holds a significant amount.

JB, sorry to barge in but imp is telling the truth. He’s been around a long time. Guys like Seingred, however, I’m not so sure lol

A lot of warrants are getting cleared today on the strength of the results. This could quite easily carry on up tomorrow

Just checked. Can sell a maximum of 425,000 shares at 7.06p. Not bad

Good luck with your trading imp. I think this current rise could have legs given the late day reversal up in price. I wasn’t expecting that.

I want to be fully invested in this so won’t risk trading until we’re 15-20p. I don’t want to get locked out and end up buying back at a higher price.

Share price should be higher but we have the 30m warrant overhang to clear. With results like today, shouldn't take long to clear.

Impy, did you sell 20% of your holding?400k shares? Thats quite a bit but you do own loads so fair play.

John, go back to bed !!!

Isle, very few companies release drill by drill results. Omi did it initially to gain traction in the share price. It worked. We went from 3-6p.

Going forward they will release batch results, whether good or bad. I’ve seen email confirmation

Isle, they’ve had pep19 result for a while, IMHO. They’ve decided to release batch results, 3 or 4 drill results at a time.

In the meantime, big positions are changing hands with the warrant conversions.

All imo.

Yep, today was the low. Those who participated in the placing with the attached warrants may have sold their shares, exercised their warrants and found a wiling buyer.

Makes sense given the increase in cash on omi’s books

That’s what’s happening Legal imho. Say the 1832 fund want to buy a further 10-15m shares, they couldn’t do it on the open market without spiking the share price so they’ve turned to the warrant holders.

All guesswork on my part but it would explain the weak share price

I wouldn’t be surprised if the 1832 fund increase their stake to 10-15%. We might even see a new major fund come on board. In the meantime, the share price might tread water at these levels but I’m ok with that given the developing story.

I think that’s what’s happening. Brokers are facilitating placing share holders to sell; and they’re matching these shares which are hitting the market with buyers they’ve lined up. Should see big trades showing up next few days.

In an email last year, Brad told me placing shares are normally sold to exercise the warrants.

If all outstanding warrants are exercised, omi should receive in excess of £1m. And why wouldn’t they? Sell the 3p placing shares at 100% profit and let the free warrant shares ride.

Looks like gold is breaking out, if so, $3200 could come quite quickly. Thusfar, miners have not really had an uplift despite gold going up 40% last year. Highly unusual.

I think on this next gold uplift, miners and particularly explorers will see a huge upleg.

Don’t anyone bother responding to Seingred (unless mocking him). He is a total idiot who is only here to disrupt !

Seingred you are a troll and will be filtered along with bhargav and Johnstone. I hope others do the same.

Now kindly F.off !!!

Clear off Seingred. You’re as bad as bhargav and Johnstone.

Why are you here when you’re constantly peeing your pants about a share placing?

Stick to safer investments

Seingred is a troll with the nerves of a woman. Junior explorers are high risk but offer high reward. He wants the reward but does not want to take any of the risk.

F. Off and grow a pair !