RE: Questions for the webinar14 Dec 2024 10:40
Impecunious2 these drills have proven that Omi can project manage Anza.....not that it was in doubt, the hit rate at Apta also has shown that the Omi team know what to look for and where to find it. We say that's Omi but perhaps it is just how good Anza is, that they keep finding hits.
If any deal was to transpire with a mid cap plus I can't imagine Omi giving away the rights to news flow and managing the drills. Yes of course as a junior Omi will always be looking for finance, but the experience with Newmont/ Agnico was a bit harrowing on that front. Almost like selling your soul to the devil. Just proved that a small raise can yield great results so I don't think investors should be too concerned over dilution.
What's being diluted 20pc if you are seeing greater gains from the drill programs. Companies will be keeping an eye but I am sure in previous webinar they had stated about getting 2's on board, who might be more likely to finance and let Omi lead. Perhaps drill companies may drill for shares in the company. I note this happened recently in the mid cauca. 100k drill program I think it was.
Anyhow although VIP holders got a good deal, with warrants Omi have proven they can raise money. The clinker is can they raise enough money to really push the metals district on. Pepas and Apta are not the only areas of this very vast land package.
I'm not being funny, but there is a wealth of evidence that the south (when that is drilled) is going to yield some really good results also. I note this from bordering companies research and previous small drill program that was conducted a few years ago. Apparently Anza is the source and the keys to the wider kingdom. Hence why we the majors came calling.
Anza will be a metals district. Any serious mining investor should make space for this in their portfolio, the amount obviously dependent on risk tolerance. Currently we are a poor man Collective which looking in from the outside tells me there is alot of room to grow here.
LTH who have been here for a considerable amount of time have never doubted the ability of Anza, but there are other components that will underpin Orosur's share price. If they can realise these components this will move very fast.
Some of us were scoffed at that this would easily see 15m to 20m cap plus earlier this year. I note if the company can keep the drills turning I now predict that the mcap could in theory add another zero to this. Especially if the 3k plus gold price is realised etc. Some predictions I have saw recently are calling this a billion dollar asset. That's how big the potential is.