Member Info for middleEastMoney

Spreadex just made OMI ‘closing only’ short of stock !!

Nm

Good morning Portfolio Power, respectfully may I point out the word missing from your post … MULTI

ie MULTI BILLION $ Co in the making !!

World debt will trigger a massive collapse in world stock markets and confidence.

Gold will continue up up up as markets go down down down.

Those stating 70p, 90p or 120p are way off, the OMI SP will surge up, geared beautifully to a rising POG, the ride will be like a rampaging buffalo on crack cocaine.

Those thinking 50 bagger are likely far more correct, at 1000p our M/Cap £3.8 billion is indeed possible as pieces of the jigsaw fall into place. Everyone is waiting for our maiden MRE, I am focused on our 3rd or 4th MRE, now that’s worth waiting for. With OMI you would be wrong not to think BIG!!!

Note: no animals were hurt in the drafting of this BB msg.

DYOR/DD

GLA

Hassi R’Mel holds over 83 TCF

That’s a lot of gas

Fully funded for all of 2026 and into 2027, as the penny drops I predict a mad scramble over the next 3-4 weeks, with more news due every couple of weeks !!

Er you mean by tomorrow

well its possible…..

So over £15m will be in the bank in total.

shows massive confidence in BG and the team, in the journey ahead

Pat you are a silly billy, the shares will not tank, the opposite has happened - the info is in the wider market, or was that you trying a not so subtle de ramp

Most people on here are LTH, investors who can see the pathway to riches, yet cannot seem to accept the need to raise finance to unlock the riches OMI holds.

BG is a pragmatist, a realist, he requires funds until such time as we are a Producer.

For those of you complaining about the Price or size of the Placing, all I can say is how did you expect to get to Producer status, unlock hidden treasures in other parts of our licenses, fast track drilling, pay the day to day etc.

Be thankful we do not have some terrible Loan note with 10% interest.

Take a long term view and ask yourself where you likely think the SP will be in 3, 6, 12 and 24 months.

Judging by the way the SP has already performed in the first 60 mins of trading, I think there is a real positivity in the SP, 21p is already up 15% on the placing price.

The real money is not in a 10p to 21p rise, the real money is sitting on your hands until we rise to 400p+ or circa £1.5 BILLION M/Cap

Now forget about the Placing and let BG and the team twin track, fast track our hidden treasures, and watch the SP work its magic.

DYOR/DD

Ezhik, I presume you mean gold down $35 not $350 !!

try doing a typo check and adding a unit to the number before you push post message

Given all the news due, I am expecting an SP of at least 60p+ maybe 80p by end of year, we might be surprised to upside due POG, world debt, uncertainty, macroeconomics might really play into our hands.

DYOR/DD

GLA

Thanks LegalWolf, very interesting

MEM

The fundamentals have NOT changed, I’m a LTH, the price today will not be reflective of the price in 6 or 12 months.

Go out for a walk and relax !

I am just assuming 2m oz based on all the indications so far, surrounding area, other valuations from a mine just up the road, valued when gold was $1200 and has since increased its MRE 5 times, these are all indications, I am NOT suggesting we are sitting on a 10m oz discovery, but I am suggesting what have will get larger and suggesting possibly 2m oz.

Delete if not interested, but DYOR/DD and do not take my thoughts as investment advice.

There are lots of caveats in my original post.

GLA

Electric Lion, I actually mentioned LOM as a known variable….stating exactly what you are complaining about.

Please put your counter argument forward and lets see you publish some figures !!

Damn cutoff mid sentence…..

NPV and EV will adjust, LOM, maybe finding Silver, inflation - I could go on and on.

Lastly an offer will not be the same as any valuation, the new company making the offer will offer substantially lower as they need to make a profit.

I personally hope we go it alone, high profits, low costs, possibly a dividend out of any FCF.

We are sitting on the cusp of something absolutely amazing, huge VALUE CREATION !!!

DYOR/DD

GLA

Someone asked my thoughts re valuations (M/Cap) so here are my thoughts.

** What I cannot pin down is the timescale, however it looks like we will fast track at least 1 project, possibly a twin track approach

Assumptions based on Gold price at $3300, USD vs GBP of 1.30 (most investment. houses are assuming $4,000 as a datum price, rising to $4,500 next year)

Assuming a total gold reserve figure of 2m oz across our Columbia license, I am assuming an average AISC of $1700 and therefore a net figure of $1600 = $3300

2m oz multiplied by $1600 = $3.2 billion divided by 1.3 = £2.46 billion m/cap, divided by 313m shares = 786p SP

In time, I am sure the MRE’s (more than one) will upgrade to. at least 2m oz gold.

I have used a very conservative assumption on gold and costs, I have not inc Warrants in the equation - which will make a small difference.

You can play around with these figures, 5m oz, 10m oz, gold at $4500

Obviously I have NOT included anything for Argentina

So in summary I believe (but too early to confirm) we will declare a minimum of 2m oz, approx minimum valuations as declared, lots of variables (NPV’s EV

KB007 I see the real value at 2.5 to 3 BILLION, in time

ALL the indications are there to see, follow the breadcrumbs, pointers to enormous wealth creation.

As I keep stating the only question to ask is….. do I own enough shares in OMI ??

DYOR/DD

GLA