Member Info for Legalwolf

Sounds very promising on the funding front. They are clearly in discussions with several funding parties and not ruling anything out or in at this stage. But to hear MR talk about the possibility of even raising the full $150 million is very encouraging indeed. Secondly, his desire to get into production as quickly as possible. I think BRES will start to re-rate as soon as it consolidates 8p. LOTS of newsflow is going to land before the funding, with material announcements such as JORC upgrade and offtake.

Any money on the sidelines can't afford to wait much longer to buy in at these levels, as these prices will soon be soaked up. To grab a big re-rate you want to get the best starting price in the first place. GLA

JORC resource in a month.

Agreed MeM - for the sake of the bb, will refrain from commenting any further.

Back to OMI - surely we get the El P RNS next week?

This is a great hold. It's more than fully cashed up after the recent placing (and more warrant cash coming in) with a steady stream of newsflow, which will include some headline grabbers (upgraded JORC, offtake, NASA) leading hopefully to a funding announcement in Q1/Q2. Hopefully just after fresh ISA allowances in April.

Hopefully consolidating the 8s will serve as a launchpad for FOMO starting to build, and a major run up in the coming weeks and months towards that 33p target and beyond! All imo and GLA

Wont be able to join live, but hope MR covers or is asked about the NASA update. I think he said in the last one of these that there would be an update. That ought to be an attention grabbing RNS when it lands!

Hugely significant result this. Load up whilst you can as this will pop at some point.

Understood Isle - until 'Trump Trader' (or anyone else on his behalf) can explain how his actual and current average remained at 4p, all that time whilst he was buying (and selling) on the way up, he has ZERO credibility as far as I am concerned. But far too much attention and hot air wasted on this useless topic, so unless TT pipes up again, I will refrain from mentioning it again.

Sorry to hear that Nap - wishing you all the best.

Silver is going crazy. Must be some kind of squeeze going on. But key thing is that silver stocks are responding well.

Dream scenario opening up here where any day now we are expecting a "El P Silver RNS". It's a massive project and Argentina is one of the Top 10 jurisdictions for silver. Let's not forget that very recently, LC and BG said it was their favourite project within the portfolio. That's saying something when you look at the oustanding projects we have. So finding "substantial silver" in what is a maiden drilling campaign, and only meant to be "reconnaisance" drilling, on what is a massive project, could be really huge news right now. The major silver players will be keeping a close eye on it simply because of the size of the project and the price of silver, which will stay much higher than before even after its eventual retrace. So as well as gold bugs, we might see some silver bugs buying into OMI!

If this isn't going to be exciting enough for us, in a few weeks' time, we get that much awaited Pepas MRE. That should also be game changing news. Who knows, we might even get a "brucie bonus" from the current reconaissance drilling at North Pepas.

All this is landing at a time when price looks like it is piercing through a key resistance level. So once again, the fundamentals are lining up well with the technicals.

After a long consolidation, is the OMI Express about to leave this station for its next leg of the journey up?

Can't see why any Govt would not be supportive of major projects which will bring tax revenues, infrastructure and employment into the country.

Also, they would be risking harm to themselves if they get in the way of the US's need to secure critical resources. Just look at Maduro in Venezeula. I'm sure they wouldn't want to risk a nocturnal visit from the navy seals!

You can tell from the size of the trades going through - buys and sells - that it's not us numpties (me included) driving the share price - but much larger players. We just have to wait for when these big forces are ready for price to breakout. Little to be gained by talking OMI up or down on here.

Rob/ID78 - two really good posts and observations. A key difference between now and the 1970s is the geopolitical situation. Probably a lot better back then and you could argue that the decades that followed were the strongest in terms of bringing together amd creating a rules based order and a global economy with inter reliance and mutual co-operation. Danger of it all coming apart at the seams right now.

So biggest hope is that we see a resolution to all the conflicts, particularly the ones involving the biggest players! This will also be bullish for precious metals.

Anyway back to OMI - had a few tests of this 26/27p resistance already. Hopefully, we are on the verge of breaking it!

Rob - i'm not failing to see anything. Anyone with basic maths and trading experience knows that you can build a position by trimming your position and buying back those sold shares. It's a well known and sound approach.

But what I am disputing is his claim that whilst buying and selling in such a manner, his average was 4p. Now, this was not a case of: "You could argue his average has to go up but then you could argue his average is falling." No, this was him saying that his average (as shown by his platform) was 4p. Now, if you want to explain how his platform was showing a 4p average despite buying shares all the way up, or alternatively why he must have lied about this, then as I say, i'm all ears. If you want to explain why he has a constant need for validation, i'm all ears. Why he is constantly negative or can't bring himself to explain why he likes and remains fully invested in OMI beyond "It's been good to me", then go for it!

As I say, I believe he has traded out most of his 4p holding, but can't bring himself to admit that. But who cares what others think? He does!

Isle - he did not buy at 4p and sell at 8p and then buy at 4p again and so on. He has sold all the way up and too early.

Now if you can explain how he has been buying at 8p, 10p, 14p, 18p and in the 20s, yet maintained an average of 4p then I’m all ears.

Anyway, wasted enough energy on the don.

Give it up you bs merchant!

"If you buy 100custard pies for £1 each for a total of £100 that gives you an average of £1 per pie. You now sell those pies for £2 each giving you £200 pies."

What kind of nonsense is this? If you sell those pies, you have £200. That's it! You have ZERO pies left (not "£200 pies") because you've just friggin sold em! 😂😂😂 If those same pies then end up selling for £6 each, you've missed out on that upside.

"However you can re buy pies for a total£1 each so you buy £200 worth of pies. Now you have 200 pies but have only invested £100."

Again what kind of nonsense is this? You did NOT rebuy shares sold at their original price, despite what you claim. We read your buys and sells, and you missed tops and bottoms.

It's very simple, you have announced buys all the way up to the 20s. Yet claim that your average has remained at 4p, after first a) refusing to disclose it, and b) saying you couldn't be bothered to work it out. We then had to point out to you, master trading guru, that your platform already works it out for you!

Now, if you can explain to us how you have managed to retain a 4p "actual average" then I will happly eat 200 custard pies.

In answering this simple question, please do not obfuscate or duck out of it by referrring to "true average" or any other deflective bs. Just explain how your actual average (the one shown by your platform) reads 4p, when you have been buying all the way up in the 20s?

THIS is what exposes you as a bs merchant, and until you can't answer it properly, then sorry Donald, no Nobel trading prize for you. But you can have the Nobel bull shting prize for 2025 (and at this rate, you're a strong contender for 2026 as well, so well done).

https://www.**********.com/articles/oak-securities-sets-33-7p-price-target-for-blencowe-resources-9bd4edf

"view from vox:

a bullish assessment from oak, which has also been instrumental in raising funds for blencowe. the broker notes that various funding options for the development of orom-cross are under consideration, and argues that phase 1 will be developed via “non-blencowe plc equity structures.” blencowe’s shares have increased by around 75% over the past year or so, but it looks like there could be much more to come."

I think a headline grabbling "substantial silver in El P assays" RNS right now would be great. They are still drilling at El P, so we should be getting a steady flow of assay results after these initial results, to co-incide with the rise in Silver.

With both gold and silver on the rise, you couldn't have planned or timed announcing great gold and silver news any better really!

Mark - do you mean we will no longer get the usual monthly warrant RNS updates? I 'like' to receive them because it helps us keep track of remaining warrants (though even then its not easy)!

Yes, lot's of large buys throughout the day so far. Hopefully, a last accumulation sweep by the big boys in preparation for the forthcoming RNSs. If we can close/consolidate 26/27p at least, before the first RNS lands, that will give us a good launchpad.

But so far, so good.