Member Info for karl345345

Are NMT paying OMI $250k per quarter? If so, I expect they'd want to start drilling soon and either validate or ditch the project asap.

Why keep paying $250k per quarter.

IG Index were showing a spread of 5.4p-5:5p on their September bet for about an hour.

Tight spread. Good time to buy when others R selling.

Extract from an rns dated 19.01.17. They had stated during the 3 million fund raising for drilling that they would put out a resource report.

They never did. Maybe now?

Next steps in Colombia

During 2017, the Company plans to undertake a 15,000m - 30,000m drilling campaign to:

Delineate maiden resources;
Further define and expand the potential mineralization for APTA;
Test mineralization in undrilled areas of the deposit where strong indications of economic gold occurrences exist; and
Commence initial drilling of nearby untested and highly prospective targets.
Upon completion of this drilling campaign, the Company intends to prepare and publish a maiden N.I. 43-101 compliant resource report for the Anzá project.

Bearishness will remain until omi proves itself. It's been a perennial disappointer for years.Let just see what happens.

Bob Moriaty was once a big fan of the Anza project. He's a shrewd cookie.

Test

Agree the results will be fantastic. I would like to here some news on extension of mine life though. I think AISC will be higher than $1000. as they divert more money to exploration. Like to be proved wrong though.

In the full years results published in August, OMI did not reiterate AISC of under $1000 though they did put out a target of $800-900 for operating costs.

I think the broker is expecting 400k profit. I'm not sure if that includes the $2.5m tax rebate? But if it is excluding the $2.5m, that would be a good result.

Thanks Groucho. I think we will have to wait until October for Q1 results. They previously stated they won't be putting out operational updates - probably to save money. Also, who's this Baron chap and why is he so bullish? (I might add a few pre results).

Does any one have Ignacio Salazar's email address? tia