Member Info for Legalwolf

Sorry folks not a cross ramp (honestly) just got the wrong bb and no delete option!!!

(But you can still thank me for the tip if you do buy OMI😂)

Https://www.youtube.com/watch?v=YPgTCVF7aMY

Yes, the current NPV appears to be an initial baseline. It could get an uplift post upgraded JORC. MR did say that the annual tonnage could be improved. But again, the NPV is just an illustrative base case showing how lucrative the project is. The truth is, the funding partners and other stakeholders will decide with BRES what scale of operation to take into production. At this week's Q&A, it was interesting to hear MR talk about getting the full $140 million and skipping straight to the full build. Clearly, he would only say this if the several parties they are in discussions with include big players who would want to go for such a large scale operation from the get go.

But whichever way you look at is, this is massively undervalued.

Donald T just announced tariffs on euro countries (inc the UK) for declining to sell Greenland to the USA.

Might see gold make another move up!

We are only just breaking out. If anyone waits until after this move concludes, they will very likely be paying much more. The legs up here tend to happen very quickly.

It's impossible to predict the share price in 18 months. But that said, I'm struggling to see why it would stop at 80p? That's only a 1.67 bagger from here. "IF" it continues an uptrend over the next 18 months, it will do much more than 167% in that time imho. Now, of course anything can happen in the markets and you can never be certain of any upside. The next bear market is always around the corner.

But folks, we really need to fully appreciate the potential opportunity of a lifetime opening up here. We know the portfolio that OMI has is crazy. Normally, it wouldn't go anywhere far or fast because most juniors just don't have the resources to explore and then exploit any deposits they find. So they get binned or farmed out. But Pepas is a potential game changer and is the key to unlocking the rest of the portfolio. It doesn't need to go through a DFS - external funding - full mine build etc, all of which take years of pain to endure. No, Pepas can be fast tracked so that it is producing within just 2/3 years. Even on the most conservative figures, it will generate more than enough cash for OMI to take ANY of its other projects into production!

Now already, OMI is significantly undervalued based on just the cash flow from Pepas. But what if in the next 2-3 years, whilst it fast tracks Pepas, OMI makes another commercial discovery? This discovery can also move more quicky than usual into production, because the cash generated by Pepas will be able to fund it. Now, we already have a second discovery in APTA! And, what if we find another deposit around Pepas?

How do we even begin to value the upside in what we already virtually have, let alone what else we will find over the next 18 months.

As I say, opportunity of a lifetime and you won't get another as good as this!

Do they need to bother with the full jorc if they are going to mine it themselves?

Interesting to note who didn't post on what was a bullish day for OMI!

Just imagine what will happen when warrants are cleared. The huge demand that is chewing up the warrants will takeover and boom!

Another of way of looking at it is that we are at the VERY START of what should be an incredible year of operational activity, and cashed up with £15 million.

Last year was great, but the focus was exclusively on the current Pepas deposit. But even this single project created high excitement, led to institutions loading up, and a strong share price reaction.

This year, there will be progress across multiple projects: Pepas, North Pepas, El Pantano, El Cedro and Apta. So 2026 should blow 2025 out of the water when it comes to newsflow and excitement. So clearly, we can be highly confident that there is likely to be significant share price movement this year, which has only just commenced as we breakout of this multi month consolidation.

I've deleted my original response to this question as there is a much shorter version. This is the opportunity of a lifetime with significant upside potential. Don't take my rampy word for it, listen to what BG and LC both said at the last webinar, namely, that the share price had done well but there was a lot more to come. The projects that OMI is sitting on are each and all company makers - billion dollar potential in each. Just got better with the addition of LV. So the portfolio is insane. They are all early stage and OMI has £15 million to throw at them. Gold is headed towards $5000.

Imho, it's not too difficult to imagine the stock multibagging from current levels. Doesn't mean it will, as you need some exploration luck on the way and a strong market backdrop, but it has everything going for it.

MeM - BG alluded to this in a previous webinar. Something to do with the drones used not being suitable for the task, so having to look at alternatives.

But then we don't know when they are looking to contract a second Rig. It could be for March/April, by which time they will have aeromagged El Cedro and/or done prep work at APTA, and be ready to go. But where ever it ends up, it will be really exciting to have two Rigs on the go.

Doc - i'm thinking that El Cedro won't be ready until the aeromag is done, which leaves APTA or PEPAS as the candidates for the second Rig. Don't know how ready APTA already is for MRE drilling, or whether it needs more prep work?

Presumably this second Rig is going to North Pepas?

Opportunity to buy below 30p is being closed out.

Good point about April - fresh ISA money will be looking for a good home and BRES will be in even better shape!

Lots of things lining up positively for BRES right now. There can't be too many sub 6p warrants holders left who want to sell at various prices below 8p. We've spent a lot of time clearing the warrants for sale below 7.5p. It looks like these might now be drying up. It will then be a moving onto the warrants for sale between 7.5p and 8p. Once we clear those (signalled by the share price consolidating above 7.8/8p), I think we are then in a really good shape to start a run. It might start slowly at first but as it stirs into life, it should gain its own momentum.

The key sentiment change right now is that for the first time EVER since inception, there is no need for a placing. There are no expensive work programmes or other operational activity. Management can just concentrate on finding the best funding solution and offtakes. Now we also know that there will be no change of Govt, so that uncertainty has been removed. The current Govt are very supportive and even potential funders of OC (according to MR yesterday). We also know that newsflow landing here over the next few months is going to be all positive, culminating in the big ticket items such as funding. But before the first funding term sheet lands, we have exciting drilling results, what looks like it will be a significant JORC upgrade, and some potentially exciting new offtakes (more so now that we have the 9999) etc. We might also get some other golden items landing into the mix (e.g. NASA, interest from major players being announced, an exciting offtaker, etc).

Overall, a very strong set of factors to believe that a run up towards that broker target of 33p is a very strong probability over the coming months. Making this an easy, indeed compelling, buy and hold below this 8p level. All imho and GLA

I would imagine that the big boys will likely already know what the PEPAS MRE is going to come out at. They will have access to their own industry resource experts. So to see them taking us up right now is a very good sign. Interesting to note that this breakout first stirred into life when all the final drill holes were published. Just a thought?

7 months of pent up energy about to be released! Hold onto your seats.