Member Info for Legalwolf

Beautiful consolidation forming just under the recent high. Expect a retest and breakout once the large players are done accumulating all the cheap shares. £11 million raised in two days shows you the huge demand for stock.

We just have this 6.5p resistance level to crack open, and then the blue sky should open up! Which basically means getting in below 6.5p will be seen as a great entry level when we look back in a few months.

Assays to land "shortly" now!

Not bought any. What is happening with this permit though, I thought it would have come through by now? Especially as at one time AH was saying the whole process took 10-14 days. Why is just considering the environmental plan taking much longer?

Not de-ramping this - I've had ample opportunity to buy at 5p if that was my intention. But I don't believe drilling will happen anytime soon either. They haven't ordered the long lead items, or contracted for Rig and Crew, nor do they have the cash to drill. A lot of the recently raised £1 million will be used up on non drilling related activities.

So still too many ? for me but good luck to you all.

Bid and Ask gone up. Gold continues to soar. This will surely retest the recent high as sellers are easily being absorbed and shrugged aside.

Everyone is loading up - we all know what's coming. We aren't reliant on a single project or drilling campaign, but have multiple world class projects on the go. Now cashed up to drill them back to back and/or simultaneously. Non stop newsflow for the next 18 months and a long time for the share price to continue its rise up.

Just how high will this thing go with all this interest and huge demand coming into the stock?

The cash has been raised, we are already trading in the 20s and we have INCREDIBLE newsflow ahead of us, as follows:

1) Infill drilling at Pepas - with world class results coming in and tantalising high grade veins to follow up such as PEP55.

2) A 3000m maiden drilling programme at El Pantano.

3) Drilling at North Pepas.

4) Drilling at APTA.

5) Drilling at El Cedro.

6) MRE to be announced for Pepas AND Apta.

Now, OMI is going to shoot up on just the MREs, EACH of which underpins a valuation well north of the 20s. But just look at the potential for even more MASSIVE upside from one or more of the following probabilities:

A) Infill drilling at Pepas and Apta produces better than expected results. This is ALREADY happening with the current results at PEPAS.

B) A new discovery is made at either North Pepas, El Pantano, El Cedro or Apta.

When you look at the growth strategy here as per the recent timelinem, it is extremely smart (genius even) with upside from A being run alongside upside potential from B. It's a virtual win win strategy.

Incredible opportunity here and the next 12 months will see a huge rise up. So load up and enjoy what will be on heck of a ride. All imo and dyor

Yes that tax liability raise was obviously a case of each party helping the other out but on the likely understanding that they would recoup by selling those placing shares. Nice little earner for RAB who got the cheap shares to sell and warrants. Plus they are done selling as you only issue a TR1 once done.

Share price has absorbed this quite easily. 💪

That’s no biggie. The share price is rising anyway and it means we will have a mega RNS to look forward to in two weeks which is nothing really.

I think this just brings them back to where they were before they helped out over the recent tax liability raise? So not sure they are reducing as such but getting back to their original holding plus making a nice little profit in the process?

Https://x.com/OrosurM/status/1970256380050415885

That was very quick indeed. But can’t confirm until paperwork is completed. 💪💪💪

Soon to be a support line... hopefully!

They finished up on Friday, so would expect another decent day over there today. Especially with much of the gold sector flying today. But London is clearly the lead market for now.

I hope I am too - but I am feeling more confident about 20p than I was a month or so ago. Simply because we have moved ahead of the newsflow and broken the key resistance levels on the chart already. I actually thought some of the newsflow would be required to get to this breakout point, but not at all! Also, we have reached this point despite some heavy selling. I think getting the placing out of the way has also really helped.

We can all buy the dips without worrying now! The volume coming in is very strong. Wait until news starts to land.

Get a room or move on - it's getting really boring now (if it was ever interesting). Do we have to read such banal egotistical point scoring when the share is about to re-rate and there's so much better stuff to focus on.

Absolutely - and even better is the fact that we have no overhead resistance to worry about. I really do think a move towards and into the 20s is very much on here! Quarter 4 is seasonally the strongest quarter of the year, and this year feels like it could be an even stronger year end.

Ducks aligning and all that....

Absolutely correct Dryboy - the newsflow will be non stop and perfectly timed for what is seasonally the strongest quarter of the year. This will take out the 2020 high and not look back!

ID78 - ready to rock n roll?

JY - he/she has been spamming OMI as well. Been reported a few times now. Just report for spamming and will get banned at some point.

Patience Doc - we will very shortly have Rigs turning at (North) Pepas, El Pantano and Apta.

As the ole Ferrero Rocher ad used to say: "Monsieur George, with all these fantastic projects, you're really spoiling us!"

Bid into the 6s now folks - the spammers just happen to be right!