Member Info for middleEastMoney

Hi Mask, that’s why I suggested last week the M/Cap could eventually reach 2.5 to 3 BILLION.

I will happily sit & watch the SP enter a very healthy long term climb

Viva OMI

DrR, I wish to go on the record and add my thanks for all your superb thoughts, postings etc.

First rate.

Thank you very much.

I’m not expecting a flurry of agreements next week, Lawyers will be required to sign off on any agreement re H.O.T

However a few weeks later it will get very exciting… meanwhile we will march on to 30p

1 billion M/Cap is entirely possible, but for SH with patience, if what we think is proved up, then 2.5-3 billion is possible (USD)

Start thinking of the Chinese deep pocketed Co, gold price, world debt, uncertainty around currency strength.

As someone just posted generational wealth creation.

The simple question, do you own enough shares in OMI ???

DYOR/DD

GLA

Ahead of B/Creek

Just popped up at £56k

Imagine if the Chinese approach us with gold at say $4,000 and we have far more clarity/transparency on our multiple Licences in Columbia, what might they offer once our MRE is published???

Allowing us to then pursue our interests in Argentina

The mind boggles

My guess 35p or maybe a great deal more, depending on news flow

DYOR/DD

For us to join the index we would require a SP of approx 37p - just saying😎

NY listing.

Apologies but this been mentioned as a possible option ??

Thanks

Nm

Thanks Dr R, very helpful

Given the grades and shallow depths (very low cost extraction) my questions are…..

How much can we extract tons/pm

Distance to the mill

largest rock lorry allowed on road (fuel costs for round trip) 400Ton is a good size, we might require 2 per hour to meet a 15,000 oz pm production target

How many lorries per day if H24/365

max smelter capacity, vs current use, therefore spare capacity for OMI and costs

It is a giant logistical issue, but an experienced project manager can steer us forward.

TBH at this stage I am not sure what production to pencil it, 10,000 oz pm rising to 15,000 oz pm

A really very interesting conundrum, what is compelling is the investment case.

GLA

DYOR/DD

Every 100,000 shares purchased in excess of sells, the price rises by 0.1p

We are currently approx 1.1m shares purchased ahead of sold and the SP is up 1.1p

Not long until we have a 3p price increase in one day, M/C still under £50m, what a splendiferous opportunity

I have monitoring SP movement, approx 800k more buys than sells and we move approx 0.8p or 100,000 = 0.1p

Therefore I think we are being held back slightly. Maybe move up soon in the next few hours

If we assume we have circa 2m oz of gold, near surface with very low extraction costs, average gold price $2,800, AISC of say $1,000 (both figures are massively cautious)

therefore in the most simplistic terms 2M x $1,800 = $3.6 billion divide by 1.35 from USD to GBP = 2.66 billion GBP or 728p per share.

Now that was for just one of our mine area’s, we have multiple mine area’s/licenses.

We should have but one question (after completing your DYOR/DD) do I have enough shares in OMI ????

Follow all the facts, RNS, Tweets and interviews and establish your comfort level of ownership.

Now you can fiddle with maths, assume gold price after costs $3,000, do whatever you wish and the SP will come out multiples of today.

When the smart money arrives, you want to have finished buying, and just sit and observe, safe in the knowledge that you will be making money.

One last thought, todays price of 13.5p mid, to rise up to 728p, means approx 1p rise each and every business day for 3 years, that’s not a lot to ask, if you know what’s going on in the background.

Have a splendiferous weekend.

May I respectfully ask SH to stop thinking in terms of SP and instead focus on M/Cap.

Given what we know so far, what Brad is talking about and hinting at, plus all the other pointers, I am thinking talk of 1 billion M/Cap is probably being rather pessimistic on a 3-5 year view, I am putting my focus on a 5 year view and 2.5 - 3 billion M/Cap.

Before anyone pours scorn at my suggestion, just look, really look at what we may well have across our licenses, look at how bullish Brad has recently become.

MEM

Hi KOz approx 3 -4 years ago I mentioned the QIA had run a slide rule over Morocco, but way too early in our life cycle, maybe a time to re visit as MOU-6 nears, cash injection would make an enormous difference

I would fully expect a remote reader (IOT) to transmit the pressure readings to PG and other ‘interested parties’

Logon every day, that info will tell a story

MEM

Where are we on the above ? I think we are in the speculation rise, initial drill results provide some insight into what truly lies beneath.

My real/better question is where will the investment come from to progress into an operational mine, creating income/cash flow ??

I strongly believe in OMI, but what deal can Brad agree/balance to any deal is vital. It obviously helps given the background of pricing for Gold.

Thanks