Time To Get Very Excited18 Jan 2026 16:12
We seem to be on the verge of making another big leg up, so definitely time to get excited. I think most are starting to appreciate that this is a rare opportunity to buy into a junior explorer that has the potential to become a very significant producer. The Pepas MRE is a few weeks away. Wherever it comes out at in the 250-400koz range, at a $15 million capex for high grade gold with very low AISC , it will be a no brainer to take it into production. But as I keep on saying, by the time Pepas goes into production, there might well be other deposits found at Pepas. So it could be a 1moz + project. This is just Pepas, which is probably the smallest project in the portfolio.
This is why Sprott, Dynamic and Durrett are in. They see what this is and are THE experts at spotting the potential. They are not here for a retail trade. They are looking ahead to when Pepas throws off over $100 million per annum. This Pepas cash will leave OMI to self fund the rest of its portfolio into production. How many millions of ounces of gold and silver are in the ground at North Pepas, Apta, El Cedro, LV, El P and the other prospects?
This is why this smaller deposit at Pepas is a company maker. Because it will literally turn OMI into a mid tier producer - and even a major producer when you consider the quality of its land package in Columbia and Argentina.
I can't think of any opportunity more exciting than this - to catch a small explorer that turns into a large producer is a generational opportunity. The transformation in mcap will be several fold as shown by the other companies that Sprott/Dynamic/Durrett have invested in. VERY exciting indeed and with news imminent, I reckon tomorrow will represent the last chance to get in below 30p, unless the El Pantano RNS lands! All imo and GLA