The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Put your name here and I’ll search for you then I can add you.
Jimmcdee2 Cant find you on there.
Check you are now added guys.
Has the debt been sorted out here guys they have no cash?
Check your apps guys.
Post your telegram name here and I’ll search for you over there and get you added.
Another delayed 50k buy.
Each to their own. I want a slice of the big returns not pennies.
Just stick to fundamentals. Buritica starts production in December 11m oz and growing. Anza has equal and higher grades and Newmont sold its stake in Buritica to concentrate on Anza. Agnico are busy operating in the area and have now JV with Newmont for 50/50 split of all funding thus paying OMI cash payments and giving a 25% free carry.
The best in the business are all over Anza for a reason.
As Brad states Anza is geologically analogous to Buritica and drilling results to date confirm this so Buritica 11m oz and growing starts production this December you can see where Newmont and Agnico interest comes from.
Newmont will likely buy out both Omi and Agnico once further evidence is sought so there is lots to hold for here. The ball is rolling and fast tracked
That would be a measly £320m cap when they could have billions plus dividends when Anza is proven to mirror Buritica. Comparison of drill results at the Anza stage has Anza with greater and equal gold grades. Anza could well be the sweet spot of the middle cauca belt.
This should be great pr for OMI on the wider market. Gives us an idea of what to expect and derisks Anza somewhat imo
Yes information has to be posted here this is where new investors find info. Telegram is good but it isn’t open to view unless you are a member which you wouldn’t be unless you were already holding. More traffic passes through the LSE chat rooms.
Behind the curve on the climb to come but the market is ahead of the curve on the opportunity laid out for them at this level for sure for those loading up.
Derisks and give a sense of direction on what to expect from Anza....as if it needed spelling out for those researched BTW.
He is talking from omi having 25% free carry and the risk carried by the majors who are supplying and funding all resources to explore and exploit the resource.
If Anza proves to be what it has shown promise to be and at least replicates that of Buritica then expect high returns holding omi and expect Newmont/Agnico to speed up and continue to add further resources as necessary to determine the full extent of Amzas promise.
Buritica production starts this December which neighbours Anza with identical geology so imo expect deep pockets to want a big slice of this gold pie. The geology of the area has now been proven. Hold and don’t be shaken out by the games imo. 2 world leading majors are not involved for the fun of it and they are in a position to make things happen quickly...don’t look this gift horse in the mouth IMVHO
Same belt as Anza same geology next door 11m oz. tick tock.
I dare say if Anza is what we hope for Newmont will buy out both Agnico and Omi and take full control. They have the fire power
The traders using TA will have to adjust their targets as more holders become sticky until a more realistic valuation/cap is reached, more are becoming aware of the magnitude of the two majors joining the party here. As CEO Brad states Anza is a replica of Buritica which has escalated to 11m oz.
Now Newmont gave up Buritica selling its 19.99% stake along with the sale of CG in favour of concentrating on Anza where grades were equal and greater to Buritica so what exactly did they see. Surely 11m oz would have been adequate for NM but at the time they sold it 11m oz was not the case so the interpretation of Anza must have indicated it to be in the ballpark that would interest them. What average size resource satisfies the world No1 gold producer? I suspect they expected Anza to be better than Buritica at the time and as it turned out Buritica is 11m oz and growing. Anza could well be the big brother or at least equal to Buritica as the geology is the same.
Many will overlook TA and hold for value and others will be a slave to it. Place your bets.
You mean shares being harvested for bigger orders or the mms simply rerating the stock due to fundamentals and demand. Likely a combination of the two as they both equate to the same outcome. Imo