RE: Share price24 Oct 2025 09:23
I don’t need Don, Baron, DrRem as much as I like and appreciate them all!
What’s obvious is that OMI is grossly undervalued right now.
Pepas alone at this gold price would generate around 80% of its market cap in free cash. Thats the amount of cash left over to basically do as one pleases! Can you imagine being in that situation well that’s coming. If you drop the gold price hard you’re still left with a surplus that is very material compared to today’s market cap. If Pepas was producing today (for the very small capex that is needed) this share price would be around 4x the price. Right now, it’s massively on sale.
And just think the group could become a lot bigger with all the assets that are about to be drilled. Now is the time to be buying