Member Info for Legalwolf

You might well get your wish at this rate!

Will the warrants not generate another $500k for OMI and so boost the coffers?

Don’t fall for the bs. The guy is a trader pure and simple. I’ve long thought that. He even admitted recently that he was posting negatively whilst buying the shares. You can’t get more blatant than this. In any case why would you listen to someone who is posting 7p or even 20p predictions one minute and then 1.8p the next? Doesn’t make any sense. Also posting his negative rants in tandem with doormat?

So the rest of us have a right and good reason to call out the bs aswell.

Anyway I’m not all that fussed by their constant deramping because I have no doubts personally that the deal will get done and so happy to accumulate at these levels in the run up to the RNS landing next month. All imo and GLA

Lack of volume is putting me off so far, even from taking a small punt. Maybe the market is waiting for Rig news. But if price doesn't move much, then won't most folk just wait for results?

Folks - just take it as another opportunity to acquire cheap shares and build your stake here - that's what I did today and will continue to do so at these lower levels. It will better allow you to trade the weeks and months ahead. All the signs here are pointing towards big news landing here next month. I mean they have given up the Tin JV - so what more evidence do we need of the direction of travel.

Watch out for the MM games here as well. They need/want shares. Those late sells were in fact buys. I know that because one of them was mine. As soon as I put it in, the price went up again and I couldn't get the same price on my next chunk. Maybe they don't want us to see the buyers that are accumulating at lower levels, in case we decide to do the same.

Let the chart be your guide - it is looking quite constructive right now (large base forming and potential double bottom into news anyone?). I'm certainly an accumulator at these levels. All imo and GLA

🥱🥱🥱😴

Oh - and the bid has gone up as well!

Utter nonsense from the de-ramping loonies. I can't buy more than £1k at the moment without the bid going back up, whereas MM are willing to take £25k inside the spread!

I don't think they will return to KSZ or Ditau - unless they can find a JV partner (which I think is unlikely). The focus will be on Zim and KCB. Early success at KCB will obviously influence what happens next. I'm sure Purebond will continue to back their investment here, especially if the results are promising, as they have been so far in Zim.

Heading towards 1.5p. Yes, really stepped it up with the newsflow, but the results have been really encouraging as well. This is definitely a share that is on its way up, and with a lot more upside yet to come as well, as we have more results coming from Zim, and will be drilling at the KCB next month. Then there is more news to come on the production side. I wonder if the £40 million funding facility might be used to support the production plants?

Back to 4.75p to buy (despite the lunatics re-appearing this morning to spread their bile). Suggests that there aren't that many cheap shares left in the lower 4s now, and buyers are ready waiting to catch any that become available. Bit annoyed with myself at missing the opportunity to take some more in the lower 4s.

Tbh, I don't mind the extra month. Gives more time for the share to consolidate and rise into the news. All imo and GLA

Limited opportunity to buy cheap shares again. This will tick up again as we get closer to news. There was always a chance that news would land in May due to the nature of the transaction. Good to see all the preparation work being done and the termination of the tin JV. All point to resumption of the business focus on Anza.

Fantastic results - with more results and drilling to come, and KCB drilling in May, let’s see if we can hit 2p now. GLA

You're obviously drinking something very different to the mad raving lunatic then...

I thought there was some fishy about them each posting the same negative stuff at the same time, but didn't realise it's the same person due to the appalling grammar in a lot of the posts (which made me wonder whether one was posting whilst under the influence!).

Time to filter?

No I didn't listen to that, but would agree re BT. I mean, you can't ask for much more commitment than moving to Zim to lead the company at the coal face. That is very rare. He also recently bought £60k of shares on the open market.

Nice summary from BT of what KAV 2.0 is looking at in Zim:

https://twitter.com/Ben_Turney/status/1782309459945034082

But to buy £25k in one go, they want 5.5p!

MM will take £25k above the current bid - that's all you need to know. Strong need/demand for shares at these levels, for the storm that is coming down the line here. GLA

What advice do we take from those who had opportunities to profit from this share when it went on that from 2p to above 40p, but didn't take that opportunity? Very little imho!

The market is all about cycles. There are times when the price goes up, as in the above period, and then times when it struggles, like in the last 18 months. You are meant to trade these cycles, not hug and hold through them. In fact, very few companies are worth holding through market cycles. And certainly not AIM juniors.

I think we are now at the beginning of another price cycle for OMI. Therefore, ALL we have to consider is whether, with gold at 2400, and OMI at 4p, we think it has the potential to multibag from here over the next 12-18 months. THAT's IT. That's the only calculation you need to make! Not what happened to LTH many moons ago, during a different market cycle.

Right now, IF you think OMI will or has a decent chance of going on a run like it has done before, then NOW is the time to take that opportunity. By leaving it too late, you will actually be failing to maximise that opportunity. So pay up or sit out - your choice entirely.

The RNS could land any day now as we approach end of April, so not long to make up your minds. GLA