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Yes, solid volume coming in this morning. As I said, anyone getting these below 25p will soon be feeling very smug.

When I see green on the chart, I don't see as much green on this bb - inverse correlation I think!

Currently at 24p, but where will we be after we get Pepas South, Apta and El P results?

We don’t need to worry about Element anymore - or any of these trollies. The results and discoveries will speak for themselves and drown out their bs.

New names for deposits - why not Bhargav, Johnstoneo, Element, Tungsten and Seingred?

Excellent summary by Baron. But he left out one key element - that is that there must be a deeper source for the near surface deposits at Pepas. Imagine if OMI were to find it. Next year Rodney…

Yes precisely - it makes less sense to have spent the time and resources drilling these additional deposits if we weren't planning on capitalising on the results in funding or sale negotiations.

Like Baron, we were all probably wondering earlier in the week why PEP90 didn't generate a bigger response. The discovery and expansion of Pepas West ought to be a share price moving event! Well now it looks like that is being remedied by the market.

For those of us with a long term view, things are shaping up beautifully. If we are being honest, they are probably going even better than we could have expected. The only disappointment we had was the lower than expected MRE. But now even that looks like it will be corrected by the discovery at Pepas West and likely other discoveries in the area. Who knows, if Pepas South comes in, we could be looking at over 500koz at Grand Pepas BEFORE even discovering its motherload!!! I am feeling increasingly confident now that Pepas IS going to be a company maker in itself.

Gold bulls are predicting that gold will hit 7k on its next run up. If it starts that run up in H2 of 2026, that will be beautifully timed for OMI to capitalise on because our RNS will be coming thick and fast by then across Pepas, Apta and El Cedro.

I can't wait....!!!

This makes me remember what MR himself said about the relevance of the extra drilling and hence these JORC upgrades. He was clear that any "offer" for OC would need to reflect not only the base case in the DFS, but also the "upside" in the project. I think this might have been said in the context of any "sale", but logically this would also apply to any funding deals done at the project level.

Given this, and the fact that the JORCs are imminent, it is entirely logical that BRES (and/or potential funding partners) might have deemed it prudent and indeed necessary to await the JORC upgrades before finalising and accepting any funding offers. I don't know why or how they might conclude a deal knowing that these JORCs are on the way very shortly?

That was a very strong close. Could be fireworks tomorrow!

The supply swamp below 25p is being drained, and this following the sell off from 41p. Big boys are getting in ahead of the big ticket items landing here - which could be any one of Pepas South, Apta or El Pantano.

Sit tight because at some point the supply swamp will be fully drained out and we will get another big breakout. OMI is going places simply based on Pepas alone, but will soon be serving up something even bigger than what we have had already!

NT to buy - now that's a little unfair MM!

Currently re-testing the break of resistance. Let's hope it's last orders at 22p!

Some chunky trades have gone in - hoping the share price is about to stir back into some upside action!

So, do we think by month end for the JORC?

After all, can't be too many fools out there who have bought OMI shares, only to then sell them just ahead of the following newsflow:

1) South Pepas holes

2) Apta first results

3) Resumption of drilling at Pepas West

4) Further results from Apta

5) El P results landing

6) Further results from Pepas West

7) Commencement of drilling at El Cedro

8) Further drilling at Pepas (West and/or South)?

9) Possible JV at El P

Clearly, some large stake building going on at these levels. At some point, just as has already happened under 20p and 22p in recent weeks, these large stake builders will run out of available supply at these prices as well, and then we will see a move beyond 25p.

Https://x.com/OrosurM/status/2054829725445759089

"... we feel the Company has entered a new phase in its growth..."

Growth is the key word here!

I know newsflow has not been as frequent as we would have liked so far, mainly due to the delay with El P. But boy have the updates that we have had at Pepas in particular been worth the wait. Apta also looks like it's not going to disappoint.

You see, it's not just about getting excellent drilling results - we are likely going to have LOTS of these in the coming months. But these results become particularly special when they either confirm or extend new discoveries - game changer holes! That's when it really matters in terms of the fundamentals and growing the company.

In the last month, we have pretty much confirmed a new discovery at Pepas West. So far, PEP90 has been the ace within the pack, both in terms of its high grade, but also its "location" some 30m away from the other holes. Therefore, I am not surprised to see it trigger the next move up - a game changer hole. Already with a strike area of a 100m, we now have the prospect of extending Pepas West even further with more drilling that is now planned. This could be a very significant addition to the MRE - which covered a strike area of 200m. Will they announce a third disovery at Pepas in the South?

Then you move onto APTA. We now know from the tweet that they are happy with what they are seeing from the troubled first hole at APTA. So we can be reasonably confident that we ARE going to get some excellent drilling results from APTA in a couple of months' time. Then it's a case of anticipating expansion here as well from step out. As has been stated, findings at APTA are likely to "dwarf Pepas". So a potential WOW moment coming up then for us all? Then we also have the El P results landing, where the hints so far have been very strong.

So in the next 3 months or so, OMI will stand much taller and stronger than at present, and will be talked about very differently in terms of its growth.

What is really intriguing is that the chart is also starting to shape up well on the LONGER timeframe. A LOT of supply has already, and continues to be taken out, below 25p in this current base, which is now 6 months old. A breakout from here will result in a very decent move up, but more importantly, a higher consolidation level.

So get what you can below 25p folks - you highly likley won't get another chance once they are all gone. All imho and dyor

Yes that does sound very promising re APTA.

Strong resistance still at the 200MA/22p by the looks of it. Once it breaks it should form strong support and the start of the next leg up. Basically those buying below 22p will do very well indeed imho.