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PEP15 must be a monster.

Might they have some initial results from PEP16 as well, or too early for that?

This is all being supported by institutions loading up I suspect. Just PEPAS itself could be 1-2 million ounces which makes it worth billions. Hold onto your hats because OMI is going on a big run up.

Huge money still coming in. Big players loading up for a mega multi bagging re-rate in 2025. GLA

Tbh it’s good that we will get the resource estimate later than expected and that it will be better as a result. Don’t forget that BG said they already know what the current figure is as well.

We will have plenty of newsflow from PEPAS in the interim period where each hole will add a few pence to the share price and so is better use of time and money. As this run has proved there’s nothing better to get AIM going than mega drill results and we will likely have another 3 months worth now.

If any deeper holes like PEP16 come in, then we are going to multibag a few times over as well no matter what else happens.

It’s a great strategy by BG!

Why have we descended back into who has the biggest wand? Especially when we are on a mega rerate here.

This continued drilling at PEPAS is a game changer for us all. We should all be looking at loading up here for a mega move up in 2025 and seeing if we can reach and surpass previous highs.

So good that one insti has already loaded up. Its early days but once OMI start to add the ounces and scale, then big boys will come calling for sure. The insti knows that….

Continuation at PEPAS is the best possible news. Just imagine another few months of high grade holes coming through at PEPAS. Each one landing weekly and adding a few pence to the share price. Happy days

PEPAS drilling is to continue beyond this current 800m programme, with the possibility of a second Rig being introduced.

BG sounding very excited by the potential at PEPAS - saying he hasn't seen results like it and mentioned 1-2 million ounces towards the end. Could well be a company maker on its own.

The plan from the outset of 2025 will be to "drill, drill, drill..."

We should get PEP15 this week. Can't see why it will take longer with a 3/4 day turnaround time, unless part of some newsflow strategy?

Yes, lovely to see the VIPs loading up. Maybe they will be VIP Floggers at £1.50?

Yes, the skies do open up chartwise once we breach 8.5p. Today's news of having a big insti come on board is also key for us, as it will likely attract others, and the insti will support the share price on the way up.

Decent sized trades going in already ahead of PEP15. GLA

I reckon PEP15 has obviously gone back to the lab aswell😎

Excellent news - we have institutions jumping on board which will no doubt support the share price even further.

Don't forget that the drilling programme starts with pressure testing and drilling the well plug first. That's what CEO means when he says targetting commencement of "operations" in December. After this initial stage, they will then bring in the Rig and start drilling. The whole programme from start to finish will take about 50 days.

By the time they finish Hussar, it will co-incide with completion of the process outlined in last week's RNS about Mt Winter. So the plan is to then drill Mt Winter in Q2 of 2025, "also fully funded". Therefore, the plan here is for two massive back to back drills over the coming months.

Lol Rob - another few posts from you mentioning a raise. You trying to tell us something or looking for lower entry 😉

The two markets continuing to push each other to new highs - great stuff!

Buy

High

And

Remain

Glum

And

Vexatious

Fantastic day again today in that PEP14 has cleared the sellers at this level for us, leaving the path clearer for PEP15 to take us towards 10p 💪💪💪.

On Monday, they might be able to confirm if they'v had any calls from potential JV partners in recent weeks - obviously early days but you can imagine the phone's been ringing. We should also learn when APTA resource estimate will be out?

Next week will see us hit 10p unless PEP15 breaks this current run of world class holes. GLA