Member Info for OrangeMoon

Geological model will be interesting to read into with upcoming diamond drilling assays and should give more appreciation of what Q4 RC drilling will be targeting...

The next round of RC drilling will likely be the most interesting yet... we may get even some more in-depth discussions going on this BB, away from the petty squabble one or two selfish traders making a quick buck.

With the efficiency MILA have carried out the previous work campaign - the additional drilling at Yarrol, the Q3 DD and Q4 RC - ... any raise that will come through will be small IMO, with warrants also playing their part.

Gold off 5% of all time high.

OMI off 30% (recent) all time highs.

If it travels one way, it should travel the other...

Bargains to be had.

1,451.1m diamond drilling ("DD") programme assays due soon (within next 2 weeks in my best guess)...

RNS 16.10.25

"The samples from this DD programme are now being prepared for dispatch to an independent laboratory for gold and multi-element analysis. The results will be incorporated into an updated geological model and used to design the forthcoming RC drilling campaign, which is expected to commence before the end of 2025"

Pathfinder mineralisation will help guide the Q4 2025 RC drilling campaign to a dense/rich core... (unless we have drilled through some form for core already)...

With Mr Goodship having pointed the Drills in the correct direction - coupled with confirmation of mineralisation down to 300m via interview - MILA has potential to blast the Mcap valuation to new levels, before the next round of RC drilling. That's exploration for you.

I own both... and both will do well at current exploration stages. OMI having pretty much confirmed a deposit, and MILA with potential of releasing information of a mass feeder zone(s) (who knows)...

Warrant exercise is generally good for both shares, and share prices often increase after these 'historical' warrants are exercised.

The loudest/most frequent posters on this board (MILA) have generally been the ones with the least knowledge/experience within the sector, that much is clear, and outwith TA/charts (or British bulls) they are completely lost. Fundementals being a foundation they are missing, clouded by their constant ramp/de-ramp narratives away from any constructive context.

Better wait for the more knowledgeable/serious investors to share their thoughts on this play other than your constant squabble of short term movements. Those that were in GGP from the early days may help you to keep your cool if/when MILA confirm a discovery... and many are here.

What a load of waffle I've been reading here recently.

People selling and trying to de-ramp or kill sentiment is just spineless and non-genuine (This kind of behaviour also ruins any credibility you thought you had here) Not hard to see straight through these folk.

Looking forward to hearing what the silent, more knowledgeable/experienced, holders have to see here once assays are released. Those blaming MILA of having being 'ramped' have been the exact ones doing the 'ramping'. Your posting history catches you red handed.

Watch and not get tripped up on your own hypocrisy if assays come back and set a rocket under the SP.

Short term swings mean nothing with Pepas almost in the bag and a fully funded ($20 million) in cash to prove up additional projects.

Gold still hovering around $4000 mark.

We have seen what OMI has done when it had $5million exploration ammunition... the next 12-18 months should be very transformative.

£2 is not out the question IMO.

"This drilling program is designed purely to be reconnaissance in nature. No drilling has ever been undertaken on the El Pantano property, and while surface geological data are encouraging, information related to the vertical zonation is required to develop the exploration model."

If that's the case, as long as we intersect some meaningful geology/mineralisation, then price should recover back to high 20s.

Gold on this maiden campaign not a requirement but would be a nice to have.

Good to see Brad drop a note on X yesterday—it brought some welcome respite from the downward pressure. The broader market’s in the red (nothing sinister with OMI itself), yet OMI has been taking a beating lately. Now in bargin territory.

As a few others have pointed out, zooming out to the bigger picture and longer term makes these short-term swings far less significant and far less emotionally draining.

There will always be ups and downs, plenty of dark nights before the dawn... but with Pepas nearing MRE, that milestone will be the spark to light the way through any rough stretch ahead.

Nice to see some conservative targets. 40p (160M Mcap) by end of November is still my target.

Gold price rebound coupled with Pepas MRE or significant find at El Pantano will get us there.

I have not changed my position since hitting 28's in October. The only thing that has changed is the gold price and I'm in the group that think this pull back will be short lived. If anything, we have progressed Pepas further with confirmation of MET hole PEPA's 66 through the ore body.

Dr.Remington, 'Under Promise/Over Deliver - (UP/OD)' was posted 6 times yesterday. This may have been cause by a glitch within LSE messaging... or perhaps the repetition of this part of the post as a sign of things to come... Sounded much better in my own head to be fair. Short text.

Yes I agree, they might not hit anything significant... this scenario would not change my position on OMI's underlying value... El Pantano a bonus at this stage, however that bonus has the potential to trump our current Mcap due to the size/high grade commonly found in the area. A very interesting time to be focusing on OMI with low expectations set against an increasingly positive track record.

Veteran10, I'm more in the way of thinking we have two rigs for redundancy (in the event one breaks). 2000km is a fair trek if the drill rigs chooses to have an off day. Happy to be proven wrong but has there been any mention of a dual team set up at site?

Dr.Remington, :D ... 6X 'UP/OD' glitch... A sign of things to come perhaps...

Yes I would agree with you on holding back results (Grades/Metres). More information via Diamond drilling visuals for the team to dissect and guide on forward direction, bundling up in 1000M chunks seems like the most likely scenario, maybe with the odd core visual update if things look promising.

This is still a likely scenario if we drill through a golden nugget on first drill, as seen previously during our double testing of PEP055 intersections with the high grade (400g+)... better to be cautious and correct than jumping the gun and red faced. Brad is a professional and realist.

MEM, "Under promise/over deliver..." Exactly this.

Ezhik... Correct. Feet are firmly on the ground with this part of the project. I would say El Pantano hasn't yet been priced into OMI Mcap at this stage... No build up in anticipation of results and therefore I would expect any drop to be limited (if at all). This is especially evident when you consider peers in the industry (flying 40Mcaps with no grades on 'single project), without the consideration of a high grade Pepas style resource near on in the bag. Perhaps due to the above "under promise/over deliver" phrasing by Brad.

OMI is transitioning from a speculative, higher risk share to a fundamentally valued, lower risk investment case. With each additional project that comes to fruition, this become more and more true. With Pepas as a foundation, the volatility should be less due to risk-off on further projects.

We aren’t there just yet, but it’s getting ever more promising.

Just looks like i'm spamming the board now... Might report myself at this stage.

Copy and paste might be the issue.

MEM, "Under promise/over deliver..."

Well... LSE isn't playing balls today is it ha... time for sign out / sign in, retry...

MEM, "Under promise/over deliver..."

MEM, "Under promise/over deliver..."

MEM, "Under promise/over deliver..."

Don't want to get everyone's hopes up for the upcoming drilling programme at El Pantano in the first 3000m as it's been stated...

"This drilling program is designed purely to be reconnaissance in nature. No drilling has ever been undertaken on the El Pantano property, and while surface geological data are encouraging, information related to the vertical zonation is required to develop the exploration model."

However... If Brad hits a material grade/length here, which isn't out of the realms of possibility - given his proven track record - Most of us know where this will put the share price in the short term, especially with such strong retail ownership backed with institutional investment.

All gold explorers are one drill away from transformational news... my money is confidently placed in Brads ability to locate/find gold based on everything he’s already achieved for OMI.

3rd December 2024 - GingerHippo Post:

"I was in since before 2020 also based on Thar. I stayed in for the GH project. I left because Naheed sold 80% of NZ for a peanuts. In fact she sold it at a loss. The fact that Riversgold owns 80% of NZ and their share price hasn't moved is very telling.

People don't seem to realise how long or how much money it would take to get from where NZ is now to an operating gold mine. It's 5 years away even if everything goes smoothly."

Correct Paul, he's been haunting this board for a long time and no longer invested. Seems a little bit bitter.

God help the Hippo if the THAR VI sale goes through... We should hear something this Q4.