Member Info for Mambamentality

Excellent news. With further drilling news coming shortly and the price of gold close to $2000, happy to hold and top up on the way up.

Look at Brad's Linkedin and you will see that this is what Brad has been doing before and it is what he is good at: "Specialising in mineral exploration, assessment, commercial structuring and financing". Brad is not a risk taker, we know that and the decision to enter into the JV has not being taken lightly: ""Signing of the El Pantano JV is the end result of a long period of negotiation and due diligence"

The Geology seems to be there but a remote area, something like the Paterson region in Australia which had not been explored that much given the location.
The D Massif is a large area (>60,000km2) of mid to late Jurassic volcanic rocks in southern Argentina. The region has in recent decades been shown to host numerous high-grade tier-1 gold and silver deposits, the two largest being Anglo Gold's Cerro Vanguardia mine and Newmont Mining's Cerro Negro deposit. Other substantial projects include Yamana Gold's Cerro Moro and Pan American Silver's Manantial Espejo silver deposit.

My understanding after listening to the investor's call is that drilling results are released to Monte Aguila - Agnico. Those drilling results may not be material for them to release to the market, however it is material for OMI to release to the market. Brad says at minute 37 that with drilling results the only difference is that they will not see the results until the whole hole is complete which does not mean that drilling results will not be released to them once the hole is complete. I was listening again to the investor call and notice that when results of a drill hole are complete they are released to OMI. That does not impact on news flow as in any event they cannot announce results from a hole which has not been fully completed. The limited access to data which is released quarterly is the geochemistry data and geophysics. I believe Brad has come to some Agreement with Agnico in that regard.

Tried to get 10k the whole afternoon. In the end only managed to get 7k. Agree, next week should get news following Brad's meeting with Agnico. Could be a substantial RNS, not only with drilling results but regional sample results too as it seems Brad managed to negotiate to be given more information in that regard. Progress in Licenses should be included too and hopefully info about new projects. This should be followed by an interview or presentation. In just a few companies one wants to be invested when drilling results are released. OMI surely is one of them. During the last driiling campaign, 5 out of 6 drilling results drove the share price much higher, once 100%. Should be interesting now with possibly results every 4 to 6 weeks rather than 3-4 months.

Fantastic news. It would be awesome to get la Cejita license sorted. That would definitely send us much higher and would allow Monte Aguila to drill what most interest them which probably could result in more spending this year. Brad should meet Agnico shortly too. News cannot be far, hopefully next week.

Looking at the share price and remembering when people were outraged that they had not been allowed to participate in the placing at 17p. With some milestones after that time it is mad to be at 11.28p, but it was in the past a good area to build positions. It is clear that the rich news period is about to start. With the problems at the lab sorted, the backlog of assays at the lab and three rigs drilling, we should start to get drilling results much more often. Hopefully next Tuesday is the first. It will be three weeks next week since investor’s call so we could receive some news about new JVS too. Watch this space

Bought some during the pull back. Results look awesome and the chart looks pretty bullish above the 50 day moving average at 0.70p. Breaking 80p could send it to re_test 1 and then 1.25p. With remainder of results in the next couple of weeks it is worth holding and topping on dips.

I was listening again to the investor call and notice that when results of a drill hole are complete they are released to OMI. That does not impact on news flow as in any event they cannot announce results from a hole which has not been fully completed. The limited access to data which is released quarterly is the geochemistry data and geophysics. Drilling results should drop anytime now with the number of samples which have been submitted to the Lab.

I will write to Brad to ask that question. It was the idea that Guaimarala could be accessed faster than other projects as they have a license and as I understand have enganged in negotiations to access it. I guess as he was in ANZA, he may have a better idea of how likely those negotiations to access Guaimarala could progress and whether the JV partners would prefer to drill there rather than Pupino and Pepas. I guess Guaimarala could have the kind of grades that make investors crazy. La Cejita too though and Pepas and Pupino clealy did not dissapoint other wise Agnico and Newmont would have decided to wait another year before assuming control of ANZA. I will report if I get a response.

Two top ups for me of 5k each. Seems ready to recover some ground in anticipation of drilling results which according to Brad are at the lab. Plenty of news in different fronts with the potential to drive the share price above 20p. News about new JVs in South America seems not to be far away. Conversion of licenses for the remainder of Anza should be progressing well with the strong legal team provided by Newmont. Most likely we should hear about completion of access rights to Guaimarala (which is a favourite of some hear including me). It would be fantastic if it could be the next target for drilling if La Cejita's license has not been granted by then. Although, if they have not concluded negotiatiations of land access agreements I guess they will go for Pupino y Pepas which seem to be pretty exiting but difficult to drill. JV in Brasil is a nice project which could be much better than some expect depending on Tin prices when they can start production. The good thing is it seems that demand is pretty good even in BRASIL/South America. The BONUS could be a license next to ANZA which seems to have pretty exited Brad. Plenty to look for this year which should be reflectedcin the share price.

Definitely a much better discussion during the conference call, than the LSE interview. What it was not clear to me is whether Orosur is able to release drilling results as they are returned from the laboratory or whether they have to wait for Agnico to release those in the meetings they have. Brad suggested that he will be negotiating with Agnico in a meeting they will have in a couple of weeks as to be able to release news more often than Agnico will do. Can anyone clarify this point? Thanks

Last 4 Colombia updates were on a Tuesday plus we know Brad cannot discuss any price sensitive information in the conference call which has not been disclosed in an RNS, So we may get an update early next week.

Last two trading days the worst performing asset was precious metals. We are still above the 50 day single moving average and the Exponential, thus the bullish scenario is still intact, to test 25p. As they say, you do not want to be out when we receive the next set of results/news. It is crazy to thing the share price is bellow placing price of 17p given the successful drilling campaign and the taking over the project by the JV partners.

Looking very positive as we are above the 50 day simple moving average and 50 Exponential moving average at £12.67p. The RSI is at 63 which is pretty positive too as we have been below 50 since 17 September 2021. Results have always been positive and with more targeted drilling at APTA and three rigs drilling I cannot wait to get the next set of results. An update as to the Tin JV should be coming soon and any new JVs should be a bonus.

As I said before, I think we are yet to see the best results from APTA with drilling more targeted than before utilising the models used by Newmont and the drilling around the high grade shoots identified as per the RNS in July. As we know Newmont and Agnico are only looking for projects with potentially 5+ million ounces Au. Thus, taking over ANZA should speak for itself although not reflected in the share price ie. fantastic opportunity to keep adding at this Low share price. As a couple of us have been discussing the fall in share price from 25p was not justified given the successful drilling so far, the further potential of APTA and the other ANZA areas and the taking over from Monte Aguila. With three rigs operating and the delays in the Peruvian lab improving, we can look at updates more often which has been the main issue so far not the actual results. It seems Brad is pretty optimistic about the other JVs they are looking at too which could be pretty good for the share price.

I am away in Thailand and I was not supposed to check OMI’s SP. But looking today at the silly SP I COULD NOT resist and get almost 10k more. I would be dissapointed if OMI does not double in price in the next three months by which time should get more drilling results from APTA, and update soon as to Monte Aguila drilling plans and hopefully some results for the new drilling.

If I am not wrong the last time the share price was 10.62p the drill rigs had not even arrived to ANZA last year.
We know that drilling has not stopped at that Monte Aguila has been impressed with what they have found so far. It is disappointing the share price performance but other good stocks such as GGP have been having the same luck. Fundamentals keep getting better while share price decreases, to me that is an opportunity which will pay eventually. The worst about this drop is that I cannot double my investment here but I will keep topping up as funds become available.

Those are incredible results. Not only for gold but also copper. All the drill holes have returned fantastic results.

Why people were selling yesterday?

HAD150W1

§ 140m @ 2.9g/t Au & 0.07% Cu from 909m

§ HAD150W2

§ 113.8m @ 3.4g/t Au & 0.1% Cu from 996.2m

§ including 14.2m @ 20g/t Au & 0.14% Cu from 1,035.8m

RNS confirming definitive terms of JV agreement any time now before 22 December. "The definitive agreement is expected to be entered into by both parties prior to the EGM and would become unconditional upon satisfaction of the outstanding conditions".

Not sure why CGNR will book the venue for the EGM is thought this is not a done deal.

Nothing to worry about to be honest. If SOLG's shareholders almost got the CEO out of the job voting against re-election, I am sure we can block the resolution if we decide to do so.

there you go. If granted they need to be paid.

Determination of Exercise Price. The exercise price of each option shall be determined by
the Board in no event shall such price be less than the Market Value per Share (which is
the close price of board lot prior to date of grant) on the grant date. The exercise price of
each option must be paid in cash.