Member Info for Legalwolf

I think we just need to close above 12p. That will signal trend resumption. Would never have been down here in the first place had it not been for the warrants, but that warrant money is of course enabling OMI to push on across multiple fronts. Wouldn't surprise me if we see some TR1s soonish re the warrants.

Great looking chart with pretty much blue sky opening up above 4.8p. Likely to hit that very soon. Then the results and future drilling will take us to new highs with no overhead resistance. This is shaping up to be a corker, especially with copper and silver both projected to do well. Getting in below 5p for a multibagger return over 2025 is the opportunity on offer here. I like the way the company are in a hurry as well to get moving. All imo and GLA

"Anzá has come a long way in no time at all. Pepas began with a bang and is now well into the phase of serious geological work to assess its size and metallurgical characteristics. In parallel, we are now commencing work at El Cedro to hopefully confirm this as a large gold porphyry system. Added to APTA and El Pantano we hope to soon have multiple major gold irons in the fire during a bouyant gold market - all owned 100%."

BG is clearly a man in a hurry. Soil sampling to commence straight away at El Cedro and we will be drilling Pepas 2 in a matter of weeks. Imagine if they also look to put a few holes in looking for the deeper source mineralisation at Pepas. Things are going to get crazy here!

It’s a brilliant RNS. So far we have been working on the model of a shallow source high grade mineralisation. That is being expanded and will continue to be expanded with Pepas 2. We are looking at over million ounces just from

surface. But the truly amazing revelation is that this fractured surface mineralisation itself has a deeper source. And the aeromag survey will help vector into it. So as well as Pepas 2 we have the deeper source area to come. Shaping up to be a monster.

Isn’t it more delay? I thought the actual ML was expected?

Fabulous RNS and loved the headline. Gold intersected in all holes and expanding the strike area. Pepas developing into a monster.

Yes I agree - we shouldn't get fixated on the 1koz target. Steady monthly production at high levels will be more than good enough.

It's a great looking chart. If we get to 5p - as we undoubtedly will - then it's just blue sky upside from there with no resistance. Where could this be in 3 - 6 months time?

I've added some more today. Think we might push up towards 4p this pm. Then results will take us wherever they will take us. GLA

They've already said in the last RNS that it's going to take a few months more yet before they get to 1000oz. So we are looking at Q3 maybe?

When are we expecting drilling to actually commence at PEP 2?

PP - many thanks for this. Will take a closer look at these.

It's not a company that you hear from often. So I doubt that she has decided it's time to do some media if she didn't have something positive to say?

Sloppy - good to see that I have you researching away in trying to put together some persuasive responses. Some of it is actually helpful. There's not much else that can usefully be said about this topic, which hasn't already. So we will just have to wait and see who is right i.e. whether the DFS gets completed in time and without recourse to another raise.

About time we had some media from management. They need to start banging the drum much louder than they are at present, but I guess they are waiting to get nearer to the target before ramping up the promo.

What's really great is that you can make a decent case for a JV at any of the projects. Who can really say which of Pepas, El Pantano, Apta or El Cedro will attract the first JV? I wouldn't rule out really strong JV interest if we strike at PEP 2.

A great situation to be in with all these great looking prospects and spoilt for choice as to which to focus on.

You are trying very hard to be smart and witty, but coming across as a bit of a raving loony, desperate to spin a positive narrative. You still haven't explained why, on 31 January 2025, the company stated the following:

"As the DFC grant does not cover the entirety of the Definitive Feasibility Study costs, further funding IN ADDITION TO THE AMOUNTS ALREADY RAISED AFTER THE YEAR END will be required during the going concern assessment period. Management will pursue options for this funding INCLUDING SHARE PLACEMENTS and other potential sources."

We know "year end" being referred to here was 30 Sept 24, and the "raise after year end" was the last raise of 6 Nov 24. So at the very least, there is a contradiction between the above statement made on 31 Jan 25 and the Prospectus of 26 Nov 24.

Since then, the DFC payments have indeed been delayed. All of this adds up to the need, or at least risk of, a capital raise being needed and/or a delay to the expanded DFS. I know it is difficult for you to accept this, because of your confirmation bias. You seem also to be obssessed with GEX. It never actually reached 20p you muppet, so that's something else you have just made up in your amateurish responses.

Whilst all the attention is understandably on Cerro Negro, we mustn't forget that results are also awaited for Viuda. So lots of newsflow to come here.

I would say warrants for sure, as we know from the last RNS that they are being exercised. Now, as I have speculated before, it doesn't stop an insti taking them up. It would be the smartest way for an insti to take up a large position here rather than going open market. No TR1s, but one is only needed if the threshold is crossed. Is it then only needed once the buyer is done?

Could be why news is being delayed? The money is going into the company's coffers, so justifiable in that sense as well perhaps?

What utter bs. The AFR made it clear that even after the November raise, more funding would be needed to cover the DFS. Since then, the Trump administration has come in and the DFC grant payments have not been made. So that's another $1.5 million shortfall. With the DFS due completion in 3 months or so, why don't you tell us why the December tranche has not been paid? You can't say it's because the relevant milestone has been met, because we are now in March 2025 and the DFS is supposedly nearing completion.

So whatever the meaning of the AFR - the situation with the DFC has made it all but inevitable that it's going to be a choice between slowing the DFS until such time that the DFC is ready to resume normal service, or to raise funds to keep the DFS on track.

As for Bres, they are not going to be able to be open and transparent on all matters, because they won't want to spook the market by admitting funding issues and placing need. That would make it more difficult to get a raise away at the best possible price. Remember what happened with the SI money that never materialised? The market wasn't told there were problems until it became pretty obvious that there were problems! All imo and dyor