Member Info for Lionel80

I'm probably not alone but I've got a thing about having holding nice round numbers, so to put my mind at rest I just quickly added 22k shares to tidy up my board.

Highly likely that if I waited another month or two I'd have to pay double the amount for those golden tickets but it's done and now I'm off for a break until the week after next.

Here's wishing all OMI investors a pleasant weekend. GLA.

I just noticed that Google have Greatland Resources Market Capitalisation stated as being the princely sum of 39.25 Billion £GBP

Wouldn't that be nice !

I'd like to think that was some kind of prophetic foretelling or future information granted through divine inspiration manifesting itself as an image of what is yet to come.

However, unfortunately, I think a far more likely scenario is that John from the IT data entry department had a few too many down at the snooker club last night

Fixating too much on the day to day or hour to hour share price of this stock is somewhat a waste of brain energy.

Anyone who has an understanding of the mining i industry and the stock market knows in which direction this is heading and over any considerable period of time that direction is quite simply upwards

Any stock that's flying upwards will of course meet both resististance levels and support levels along the way, thats the equivalent to minor turbulence on a long haul flight and frankly I'd be extremely worried if it didn't do that as nothing travels in a completely straight line, the point is that the pilot keeps flying towards the destination regardless of small changes in altitude and maybe even perhaps the occasional modification to the route plan or journey time but the airliner will still eventually arrive at its correct destination in a timely fashion only difference being this is a flight that you can choose to jump off at any point if you decide you no longer want to be on board.

Personally I'm delighted with my seat and fairly recently decided to upgrade to business class where I shall put my feet up and enjoy the ride, turbulence and all.

What I won't be doing is constantly worrying about the short term daily share price which in aviation terms is akin to worrying about what the pilot ate for breakfast or how much milk he has with his coffee, it's irrelevant because the plane is currently heading the right way, on auto pilot, doing its thing.

I think I'll order another glass of something cold and fizzy while I'm here....Drink anyone ?

This time next year you won't believe that you managed to buy them for just 21p !

How times change eh 😃

There is never any 100% guarantees in this game, never.

That said, OMI is currently in a very strong position and there appears to be nothing lurking beneath that could fundamentally change that anytime soon.

I do understand your dillema though, especially if you've been burnt before. You could cover your angles and when they reach a certain planned milestone sell a portion of your holding to lock in some profit and let the remainder of your shares run indefinitely, hopefully to much greater heights than your initial sell point, it's a tactic which is as old as the stock market itself, reason being it works 😀

Personally I don't even think this has started to take off properly yet and selling a single share isn't even on my long distance radar, but things can change quickly in the market so in the same way I closely monitor the rest of my portfolio I shall be watching OMI like a hawk!

On a positive note, I always think if you find yourself in a situation where your biggest problem is whether or not to hang on or sell early to guarantee profit then you're doing at least something correctly. I mean, what a lovely problem to have !

Crazy buys right now, the last time I had a stock shifting like this in an afternoon it went on to 25x bag within 12 months.

Some kind of repeat performance would be extremely welcome 😃

What would you consider a fair Mkt Cap for this based on current circumstances?

50 million ? 100 million ?

I've tried comparing it to other companies that are of a similar nature/circumstances but mining being mining every companies situation is unique as there are so many factors and variables in play but on face value it definitely seems undervalued in my book

What would you consider a fair Mkt Cap for this based on current circumstances?

50 million ? 100 million ?

I've tried comparing it to other companies that are of a similar nature/circumstances but mining being mining every companies situation is unique as there are so many factors and variables in play but on face value it definitely seems undervalued in my book

You could well find yourself in the blue sooner rather than later and I really hope you do.

Long term holders deserve all the reward they get, I get the feeling this could be just the beginning of a significant rerate and not before time

GLA

I just doubled my holding.

My belief is that today's price will be consigned to the books of ancient history by Christmas.

The only guys who will remember it will be Yoda and maybe one or two old vampires

Not talked about much at all on LSE but if you look at PPTA on Stockwits and Yahoo chat boards there is a lot more interest.

I hit this stock hard a few years ago and no regrets so far, I'm still of the opinion that there is huge potential upside in this one. In fact I actually added some more Perpetua resources shares back in the spring and I remain optimistic for a variety of reasons.

GLA who are invested here

I've been invested here with the same amount of shares for about 3 yrs and try as I might to work out the ifs, buts and maybe's surrounding this stock I have to admit I'm none the wiser.

Of all my holdings this one truly is an enigma wrapped in a riddle, I actually remain invested out of pure intrigue as much as anything else!

I have absolutely no idea what the SP might potentially be in another 3 years from now but if anybody could even begin to hazard a guess I'd be interested to hear it.

In the meantime I'll check in occasionally to see what's happening. I think everyone needs one Stock in their portfolio that has the potential to ultimately disappoint but could on the other hand could become a rip-roaring success and this mine.

GLA

In old money the current price was just under 13p per share on London listing and current price in Australia market is equivalents to just over 13p

In old money the current price was just under 13p per share on London listing and current price in Australia market is equivalents to just over 13p

These results are truly outstanding !

Without access to a time machine its very difficult to try to predict how the Orosur story will play out in the coming months and/or years but it's great to be on board.

To say we are entering exciting times could turn out to be a huge understatement.

Bring it on !

I'm on the same bus as you Legal.

This is another multi-bagger in the making right now.

I'm not sure what the multiple will be but that's half the fun but it's got double figure bag written all over it in my book

To even consider selling for 20 measly pence you'd have to be either highly impatient or just plain skint!

GLA investors and I'll check in again at a later date when we hit 50 pence

Just realised GGP won't have any annual report in Jan 26 Durrrr.... Apologies I was thinking of another company I'm heavily invested in.

Either way, 40p/£8 isn't too far away from being a milestone in the rear view mirror

Could easily be more like 40p/£8 by then.

If not by xmas I would certainly expect it to be there by final year results at end of Jan 26

Thanks for the link Sandy, saves having to look for it! Just registered

Is anybody able to take an educated guess on when we might expect a Q2 statement?

Also what do we think the likelihood is of additional reporting at the same time ?

Just a thought....