Member Info for Legalwolf

I think the site visit needs to be confirmed, whether in RNS or interview. Especially given past delay/issues and the fact that Hamilton has gone quiet. Otherwise, how is the market supposed to know what's going on here, whether the 60 days is on track or not, etc.

Https://x.com/KilconaVC/status/1886694083680460975

Yes, current drilling is enhancing PEPAS1. At the same time, they are soil sampling an area very close by and to the north which looks like it could host another similar target. Below tweet is from a knowledgeable holder and might assist.

https://x.com/KilconaVC/status/1886694083680460975

When you step back and look at it, the company has made very little progress since the IPO, in terms of concrete and tangible progress on the project. It's all been promises that have ended up as false dawns and delay.

Beginning to look very much like a lifestyle operation, which is being spun around a promising looking resource, whilst money is drained away on non tangible stuff, wages and travel.

The lack of comms is inexcusable, whatever the reason for it, and this drilling was meant to start about a year ago, but has not. There has to be a reason for that, when the company's most recent strategy is based around expanding the resource and using that to negotiate financing. Has to be jurisdictional issues imho, as it;s just a constant cycle of 'corruption' in some countries. All imo and dyor

I don't think it's market reaction and agree with Karl - it's the warrants that need to be cleared. You can see the huge trades going through which are likely warrants related. They are double edged in that they create overhang, but also generate decent revenue for OMI. Once cleared, we should motor on.

Warrants that need clearing!

Exceptional results continue and good time to be in gold with it seemingly heading to 3000.

Can’t fault the strategy here and it will help the re-rate in that the market will get more exceptional results from PEP1 whilst PEP2 is being prepared. That means guaranteed continuation of excellent newsflow whilst gold marches to 3000.

Which means this is a stock you can buy with confidence of making high returns for 2025.

To think we have APTA and El Pantano to come as well in 2025.

These are some unbelievable results. More drilling to come on the existing target which means more titillating results to come. Target to the north looking tasty as well. Let the 2025 re-rate begin for OMI.

Gold is flying and breaking to new highs, on a day when markets are dealing with potention for tariff wars. Could gold be the near term Trump/Tariff trade?

Gold ETFs and stocks are also on the move. Great time to buy some OMI at these lows with lots of newsflow incoming.

Needs a positive update on Monday - now's not the time for CEO to go MIA. By now, GEX should be able to tell us whether this second site visit has been arranged and for what date, so that the market can see that the 60 days timescale is stil on. Otherwise, this will just continue to sell lower. All imo and dyor

Has MR confirmed elsewhere that the DFS is now fully funded? If so, very clumsy to include that sentence in an annual report dated for 31 Jan.

Some large player scooping up cheap shares in 100k and 50k lots and getting in ahead of good news next week? Nice!

Oh right, it sets out the position as of 30 Sept - fair enough!

Just read that myself. I did say think that the DFS would likely need one more raise, and this report confirms that? But there were many on here saying the opposite, to the point that I thought they might be right?

On a more serious note regarding trade sizes, some very large trades have been coming in at these levels, both yesterday and today. There are definitely some large players scooping up at these lows, whether HNW or funds, who knows. But it's now 6.45p to buy any decent size. Any great news now and we will likely gap up on open. All imo and GLA

Looking at today's trade sizes, I think the two trolls are accumulating with everything they have got (left)?

Strong buying at the lows today, which shows some large players at work. Gold has made a new all time high and both of the main gold ETFs have had a strong day as well. Let's hope for a strong close to the week, ahead of hopefully positive news incoming next week.

PS: I wonder if newsflow has been held back to allow these warrants to be cashed in and transferred, with large Fund and OMI scratching each other's backs perhaps? All speculation of course, but you never know!

This target to the north could send our share price north if it strikes. Superb time to make a new discovery when gold is also marching north. With OMI at a point of confluence on the chart aswell, it looks like a great buy.

What say you Seingred?

Yes as keep seeing large buys at these levels. Seems that large players are buying big at the lows - which is always how it is.