Member Info for OrangeMoon

And that's all you need to know folks...

The silence tells all.

It does seems more like GingerHippo has a vendetta here against ORCP and does not actually hold any.

GingerHippo...Do you hold any shares here? And if so, what are the main reasons for your investment?...

Raplh, please research 'Variations of Debt Financing Structures for Gold Explorers Developing Mines'.

The project requires just $15M in upfront capex to reach production—delivering a potential 6.7x revenue-to-capex multiple in Year 1 at full run-rate ($100M annualized). This positions it as a high-margin, low-entry-barrier development with rapid payback, ideal for non-dilutive financing structures like streaming, royalty prepays, or limited-recourse debt once de-risked through feasibility.

OMI does not need funding for 18 months and by that time gold will most likely be materially higher than todays. Further progress on Pepas MRE or APTA MRE will have out Mcap materially higher. Not to mention any discoveries in El Pantano and El Cedro.

El Pantano Geology confirmation ahead... (A brief description of 'good signs' confirming geology prior to hitting any gold grades).

In epithermal drilling like this, geologists generally on real-time visual and logging observations as proxies for potential high-grade intercepts. Positive indicators at El Pantano would include:

Lithology Confirmation: Intersecting unaltered or variably altered Jurassic volcanics (e.g., tuffaceous or ignimbritic textures) beneath basalt cover, confirming the target horizon.

Alteration Halo: Early encounters with silicified (massive quartz replacement) or vuggy silica zones, often >10–20 m thick, signaling proximity to a mineralized center—these are common "leakage" halos around Deseado veins.

Vein Textures: Visible quartz vein swarms or stockworks (networks of thin veinlets), especially if brecciated or banded, with sulfides like pyrite or arsenopyrite. Even low vein density (1–5%) is encouraging if in a structural corridor.

Structural Features: Fault gouge, shearing, or dilation zones along the drill path, particularly if aligned with the SE-NW trend, as these control fluid pathways.

Pathfinder Minerals: Flecks of visible sulfides (e.g., arsenopyrite for As association) or subtle base-metal staining (Cu, Ag), though these are less reliable visually than alteration/veins.

These signs are drawn from the project's epithermal model, where silicification and veins often precede bonanza-grade shoots (e.g., >10 g/t Au). If multiple holes hit these features over a 1–2 km strike, it would de-risk follow-up drilling toward a resource estimate.

But of course, this is exploration... and we might get lucky hitting gold veins at any point in this 3000m campaign.

RalphB1 - Negatives have been discussed here many times by genuine holders... You just have to have been here for more than 10 minutes to be apart of these conversations.

OMI has a very strong and knowledgeable investor base on this BB forum, perhaps try to read the room... it's often 20 against 1 here...

That 1 person being you... (Thought I would spell it out for you seeing as you've had a hard time figuring that out thus far).

For anyone who doesn't have 'X':...

"Case histories about discovery of gold deposits in Santa Cruz, Argentina are thin on the ground. This one is a bit lacking in detail, but gives the time lines for Cerro Negro, the monster in the region.

It's interesting that on two separate occasions, large mining companies (Newcrest and MIM), presumably stuffed to the nostrils with very clever people, decided that Cerro Negro was unlikely to meet their corporate size hurdles and so completely walked away. And then a little minnow stepped in thinking it could perhaps make a go of it - and the rest was history.

This is how exploration sometimes works (in Colombia or Argentina) - it's harder than it looks, it takes patience, there is lots of failure, and then suddenly......"

What an update... Brad certainly has been busy.

So much positive information to go through.... That confirmation MET hole PEP066, wow!... Absolutely brilliant.

Thank you Brad

Those who plan on staying around a little longer than 10 minutes will be delighted when the RNS's come rolling in for November.

Expect the unexpected :)

If OMI were a one-trick pony, the Lassonde curve would indicate future share price (SP) action. However, with multiple additional projects (El Cedro & El Pantano) — including advancing APTA to MRE — we could see a sustained rise similar to Pepa’s each quarter.

As several posters have previously noted, not even Pepa’s potential is fully reflected in the current market cap.

This is the only reason I can see the likes of Gsent screaming for people not to buy… (his desperation is laughable). I note the other share mentioned this morning had a strong lift — a testament to his disingenuous and inaccurate price predictions.

Agreed Dr.Remington... This was one of the most asked questions in the investor presentation and an area I's like to see explored more.

With more drills in this area and with additional metallurgy works returned, we may even surpass PEP055 grades... 'Infill the infill' if you like.

Regardless of short term volatility, gold is trending upwards in the long term as the oldest hedge against inflation, coupled with tight and ever reducing supply, this only works in OIM's favour.

By 2027, gold price could be $6000-$7000 following the same trend. And as they say, 'let the trend be your friend'.

"The company’s well funded into the back end of next year, £15m, Brad did the raise at the perfect time it now appears."

Absolutely Dr.Rem. If there is any positivity to be found in hinesight, this is a spectacular example.

The idea that gold explorers' stock prices strictly follow gold price movements oversimplifies the dynamics for high-grade, low-CAPEX, low-AISC projects. These assets stand out due to their superior profitability. With Pepas MRE on the horizon, it’s not unreasonable to expect this to reach the high 20s again on completion, driven by its exceptional margins.

High-grade deposits, especially those suitable for open-pit mining, offer significant upside potential compared to lower-grade resources. Even at $1,500/oz gold, PEPAs looks compelling, and at $4,000/oz, its profitability could be transformative.

The odss are 1/1000 gold exploration companies make it to become miners... OMI will get there, short of a buy-out/take-over scenario IMO.

KevTheRed,

Fair point to make, re being patient / political landscape. All factors must be considered for balance.

Aside from the potential of gold price marching back upwards to $5000 by years end… The two main catalysts we have in November (IMO) are:

1) Additional drilling at PEPAs required for the MRE... Specifically around the high-grade areas (>10g/t blocks) as suggested in the investor presentation. Any coupling of hole PEP055 will be very interesting: PEP055 of 47.25m @ 15.25g/t Au with 1.9m of 465.71g/t Au and 122.74g/t Au. If no additional drilling required, great... Moving onto APTA.

2) Drilling beginning at El Pantano, whereby we have priced in hitting geology/rock formations, however there is still a chance we hit grades within the first 3000m campaign (this is an unknown) and although we have been told to temper expectations, this is exploration, and anything can happen.

Note* JV's are not out of question, but with OMI being in strong cash position, ball is in our court and there is plenty time on the clock. Was also mentioned something to this effect in the presentation.

Sitting comfortably here with my holding and will increase more as time goes on/funds come available. Do wish I had waited a little before making top ups in the 26/27 area... however short/medium/long term, OMI's good.

Gold 10% off all time highs...

OMI 30% off (recent) all time highs...

I believe this gold pull back will be short lived, so many factors/catalyst that can change the tide. We will be looking back at this manipulation in November seeing it for exactly what it is.

Just over 1% of company shares traded today... near 15% down 🤡... delayed trades after hours?

Makes sense that the rest of the circus has arrived with this ludicrous price.

0.3% of share traded today - Buys and Sells together... SP down 9.78% (Mcap minus 8Million) - Very low volume.

Skulduggery at it's finest :) Must mean a grand transformation RNS inbound in the next few sessions.

40034427, I couldn't disagree with that more post more. Whilst I do hold other junior explorers (many I see you are also commenting on), OMI is moving into development phase next year. APTA MRE after Pepas. Potential of 2 addition project discoveries (El Pantano, El Cedro) which have potential to be much larger than our golden nugget at Pepas. Not to mention strong institutional interest/holdings and fully funded for 18 months.

OMI Market cap based on Pepas MRE of around 300kOz (10 year mine at 30k/year) P/E ratio of 1... however indications are that this will be exceeded.

If you are able to see longer term here it's far less of a risk than other juniors. There is a complete disconnect here until the MRE is produced, and between now and then, OMI has so many other catalysts to send the SP north.

The biggest risk to OMI currently is a take-over, as we will not get to benefit from the long term potential.

El Pantano in Argentina 550km2 in Deseado Massif - very early stage and untouched... geologically interesting with current drill programme work towards 100% ownership (hopefully after this 3000m). Years of mapping, sampling and geo-physics already carried out, everything is showing the right signs.

Rift related, low-sulphidation... most likely finding gold mineralisation at lower depths (E.g Cerro Negro - 200m down 20Moz very high grade).

Managing expectations/temper enthusiasm with this maiden drilling programme - 3000m for purely geological reasons (Locating where they are laterally/vertically in the system) and will most likely need multiple phases of drilling.

"Very exciting project and all the right signs but I'm just trying to temper expectations… What we view as success here is very different to what we view as success at Pepas. Success here is showing that we have the right fertile structures that were/are still active and that will tell us where we are vertically, so success here is measured in a very different way"

Taken/Paraphrased from Investor presentation...

GingerHippo,

Find a share on AIM that is garenteed. The majority need money. Especially gold explorer's where it's usually burn cash to drill and if nothing proves up, it crashes. This is null and void here. A free carry.

There is already an conceptual basis of 2.5Moz, with gold grades which admittedly are not the best in the world, but they have gold... which is more than some gold explorer's out there and will be providing more grades in due course.

In terms of other projects and cash burn, yes, ORCP might need money again depending on progress of other projects... however Naheed is not a novice and has already discussed a divestment in the THAR VI Project and share consolidation, which is the mystery part here. With everything happening around the world including Saudi investment in ORCP and more recently in K-Electric... the odds add up that something might eventually happen.

Again, this is high risk, high reward play... but it's not a duster by any means.