Member Info for Legalwolf

Harchris - totally agree re the incremental small dilution point. It has prevented this share from rising, saddled it with cheap warrants, and ended up on a pathway of lower to flat dilution. During the last few years, plenty of stocks have gone up and so I don’t think market conditions are to blame although I do appreciate that sentiment has not been strong for graphite.

As for the de-ramping slur, I’ve not bought any stock. What’s the point if there’s just going to be another incremental raise or two again this year at these or lower prices? Like seriously what is the point of that?

It's the institutional involvement here that distinguishes this from other goldies when it comes to predicting which junior goldie has the potential to race ahead of the rest of the pack. That's why OMI is my largest gold holding and indeed largest overall holding.

PEPAS 1 & 2 alone have the potential to take this above 45p (esp with the institutional power and bull run in POG). When you then factor in that El Cedro and El Pantano BOTH have the potential to be even bigger than PEPAS, what could happen here is frightening when you think about it. I'm thinking GGP/ARB level of frightening.

This is one of those shares where if you get in now, you can sit back and watch it play out with a very high degree of confidence that you will make a lot of money. Not even the naysayers, or folk like Seingred, can or will argue now that this won't reach 20p (unless we end up with a black swan event). However, 20p only represents a 50% rise. But these institutions aren't in OMI for a 50% gain, and indeed they can't physically liquidate (i.e. take profits) at 20p. They will necessarily need the share price to be multiples of where it is now, in order to make a return on it, or wait for a buy out/sale type scenario.

Also, it's not just Dynamic that have entered - they merely have the largest position. We also have a number of other instis and from different jurisdictions. Doubtless they have all positioned themselves in for what they think will be a bull run for gold, and entering at what they believe will be a level that will make them big returns. Accordingly, they will continue to increase their holdings, adding on good news and buying into dips. They don't make money otherwise!

I keep saying the introduction of insti's is the best thing that has happened to OMI in recent months. They have deep pockets to buy into newsflow. That's why i'd rather they take shares over management. They will drive share prices up much more than management ever can on the same newsflow. In fact management will be mostly in closed periods.

Far too many touchy and head in the sand rampers here, who just go on attack mode whenever anything is said that doesn't fit in with 'this is going to the moon' or 'MR is beyond question' bs narratives.

Metal - expected a bit better from you than that. My posts were not contradictory. The first was contradicted by some of the above said rampers who wrongly suggested that there was no delay. Somewhat hilariously, one of them pointed me to the schedule, so when I looked, it confirmed that there was a delay. The second post was me saying that if the drilling is not the reason for the DFS delay (as per said rampers), then what is the reason (i.e. it is unexplained)?

So the contradiction, if there is one, is amongst some of the comedians on here, who so desperate to say anything to defend the positive narrative, will tie themselves in knots. Today was another classic example.

Due to the echo chamber mentality here, it's hard to get any balanced discussion on Bres.

Especially as there is no obvious known reason why the DFS should be moved back yet again? In the absence of explanation or negation from MR, we can only surmise. But something just doesn't feel right about Bres right now imho.

MASSIVE bullish reversal in gold today, which is how bull markets in Gold tend to start. Time to load up the likes of GRL before they catch on for money looking for value gold stocks. I've added some more at these lows, ahead of what hopefully will be more bullish news over the coming months.

MASSIVE bullish reversals on the GDX and GDXJ today. Gold stocks are finally going to be the go to sector during wider market turmoil. All about to breakout. OMI to lead the charge!

Yes, the stocks that show (relative) strength when the wider markets are struggling are usually the ones that make the biggest moves in the following weeks and months. This is another excellent signal for OMI, in addition to the strong buying and the overall chart pattern and fundamentals.

It will need the emergence of Aliens, or a meteor on its way to Earth, or some other global scale calamity to stop OMI.

Of course I am interested and have made no secret of that. But I think you are overlooking the placing risk here. If the next DFC tranche isn't going to land until the completion of the drilling, then do Bres have enough cash to get through until then? If they don't, then they will need to do a discounted raise from these levels. This might be why the share price has pulled back and isn't moving from here.

So do I want money stuck here doing nothing, or at risk of being undercut by a placing, are the current consideratons. Thanks to Computer, I've just come to realise that DFS has been delayed to H2 of 2025. We know there aren't going to be any binding deals until after then. So I can't see this moving or exploding until after the above mentioned.

According to Zak Mir

https://x.com/Share_Talk/status/1907525970367746120

We are looking poised to begin a breakout above 15p - nice little cup and handle pattern formed over the last 6 weeks.

There is a timeline on page 2 of the recently issued April 2025 presentation. It clearly states "2H of 2025" for completion of the DFS. Previously it was H1 of 2025. So it's not conjecture or waffle to say that the timeline has shifted (once again).

The update didn't say how much of the 7000m remains, but its reasonable to assume the majority of it falls under phase 3 of drilling. We know from experience how long this amount of drilling can take, and it's not weeks. Then we also know how long results can take, and that is not weeks either. So I don't think it's conjecture or waffle to wonder about timelines, particulary as the April 2025 presentation simply states H2 of 2025 for DFS completion. That has to be to enable all the drilling to be completed and reviewed?

As for the Schedule, the very latest presentation has DFS completion for "H2 of 2025", which fits entirely within the Q3 timeline I have given. I'm very doubtful that they will have 7000m of drilling completed, results back from labs and reviewed by DFS consultants all for July? But if you have faith, then fair enough.

Unfortunately for you, no amount of your rather desparate and bury the head in the sands approach is going to work. Why don't you tell us how long 7000m of drilling is going to take, followed by obtaining of results, followed by consultants reviewing them and feeding them into DFS?

The company has previously produced schedules which have been missed. This DFS has been pushed back a few times already has it not. Seriously, wake up and do some proper and realistic thinking for once, instead of your usual weak posts.

Depends on what the reason is for this drop? Some have speculated that it was caused by a distressed seller, but it can't be that (unless the seller is not finished because) the price has not bounced back. It could be that the DFS has indeed been delayed, because the majority of the 7000m drilling is yet to be completed, after which, presumably the results will be need to be obtained in order to then feed into the DFS. Does anybody know what the current timescale is for this work, as it's difficult to see how it can all be done by summer? I would assume a couple of months to complete the drilling, a couple of months to get ALL results back, and then something similar to feed them into the DFS?

So are we realistically looking at Q3 for all of the above?

We have a breakout brewing by the looks of it. Fresh ISA money to come in next week, so it would be a great time to release results.

At 5.05p, that's a large BUY order, not a sell. So they might have a whiff of a mega RNS incoming.

Not the first huge buy we've had in recent days - is it an insti loading up?

Looks like folk are getting in just ahead of next week's fresh ISA money coming into OMI. With the placing out of the way, April will be a big month here in terms of the chart!