RE: RNS9 Jan 2025 13:15
OMI "could" be one of the stocks of 2025, and has to be the pick of the junior goldies on AIM. Obviously, it's a results business and the talking will be done "on the pitch" as they say. Therefore, it's important to go for stocks that will be active throughout the year, and have projects that are exciting enough to get the crowds going. Here, with exciting drilling and results at PEPAS, resource work being done at APTA, a maiden drilling program at El Pantano in the works, relatively small float, and insti (plus HNW?) loading up, there really is a lot going for OMI in terms of creating that excitement, and sustaining a move up. So far, happy with the way it's consolidating it's recent rise, especially given the recent placing, warrants in the money, and not the best macros. That shows some strength in the stock.
With the newsflow coming up here, these are likely to be the cheapest prices we will get for 2025.
I expect the 2025 starting pistol to be fired next week. Hopefully with a RNS not just covering the latest PEP results, but also giving us updates across the board. Let's hope it's a brilliant start "on the pitch". GLA