Member Info for PortfolioPower

@CL

Yes, payment confirmation should land first boosting OMI coffers to around 5m cash

Then confirmation of a further $20m commitment into the new JV company and the rigs spinning away at ANZA

Next drill program should be looking to double the 2-3Moz we are already seeing signs of at APTA across the wider targets at ANZA Tier 1 project.

Irrelevant now what SP was paid 5 years ago ahead of Phase 1 as $10m has been spent since revealing the world class drilling results ANZA has showed across both APTA and PEPAS

What is relevant however is the present entry ahead of a much larger drill program of Phase 2 news landing with $20m program free carried to OMI.

GLA

The MM's have done a good job of hoovering up all the cheap stock ready to sell back to those on the sidelines for 200-300% premium over the coming weeks ahead.

GLA

MM's have been slowly walking the bid up over the past few sessions

Could buy 15k easy a few days ago.

Then NT to buy over 10k yesterday

Now NT to but over 2k today and will take shares at a premium to bid.

Think they have a better idea of what's going on vs any poster on here.

Hi Monty

Not seen or read all of Jeff's stuff, but I have seen some bits.

I think both do cover the dollar expansions globally, Jeff probably more high level detailed explanation around the growth of international bank settlements and the rapid increase in USD and EURO trade instruments brokered between international banks and Mike's videos are clearly more graphical illustrations without going into complex jargon and probably more accessible with a clear objective of having an element of entertainment alongside being informative. Mike tends to draw parallels with events of the parts whereas Jeff is probably more about the here and now.

Both informative in their own individual way.

Some of the other references you'll find on this subject matter ends up walking the conspiracy theory tightrope which is less of interest as I enjoy the historical information about global fiat systems over many centuries and millennia as much as I enjoy reading up on the present global system

Recommend watching
"Hidden secrets of money" with Mike Maloney

Excellent series and can be found on YouTube

GLA

Agree, as you rightly say, they have plenty of drill targets to be focusing on as things stand and from memory I believe that alongside the costs for OMI to maintain full EL's there was also a potential tax saving transferring the applications to the new mining company when so little value is presently ascribed vs future potential valuations for a tier 1 assets.

I like HH's reasoned approach that regardless of the back and forth of negotiations at present, all the pieces of the jigsaw will be put together and the true picture will be seen.

Once the majors have legal control of the licences I believe true value will start to be realised and play out here.

@CL @ HH

Good posts

The main areas of focus at ANZA is contained with the land holdings (13635011 + 7248B + IFS-11361X).

BG confirmed they intended to hold the other licences as applications until they are ready to drill there as its more cost effective to hold these as applications, and you can still complete fieldwork, mapping and soil sampling etc on the applications so no advantage to convert these until you intend to drill there

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LICENSE......STATUS........... STAGE ...........AREA(ha)

13635011...Granted......Exploration.......6,738 + 112
7248B........Granted.......Exploration...........1,799
IFS-11361X Granted......Exploration...........1,966
LHO-08O11..Application.....Exploration.....3,904
ICQ-080035X..Application...Exploration....6,219
0G2-08465...Application.....Exploration..........15
TJ4-15191 Application.......Exploration..........57

In Argentina
TENEMENT_NAME....TENEMENT...........HECTARES

PANTANO I.......444782/AUEX/22............9,979.54
PANTANO II......444783/AUEX/21............9,993.30
PANTANO III.....444784/AUEX/21............9,970.86
PANTANO IV.....444785/AUEX/21............9,989.03
PANTANO V......444786/AUEX/21............9,997.25
CRUZ DEL SUR III...426.894/IAM/09.......2,792.51
SAN ANTONIO I......425.362/MSA/09......2,995.05
SAN ANTONIO II......424.174/MSA/10.....2,500.18
SAN ANTONIO III.....426.639/MSA/11.....2,494.77

Two initial prospects have been identified and will be the subject of this initial phase of exploration.

> San Antonio

The San Antonio prospect lies within the south-east of the project area.
Work by Minsud demonstrated a highly prospective and potentially large epithermal system associated with the eruption of dacitic domes, and evidence of pervasive silicification and argillic alternation.

> La Esfinge (The Sphinx)

La Esfinge prospect lies about 5 km along strike from San Antonio to the north-west, located directly on the primary regional structure. This prospect is characterised by a large (8 km strike length) silicified hill within a large erosional window whereby the overlying basalts have been removed.

The prospect shows evidence of massive silica flooding and the development of alteration and other features that suggest La Esfinge is part of the same epithermal system as San Antonio, but slightly higher in that system.

So here we are at the start of phase 2 at just 14m market cap

GGP who you mention are at 400m market cap.

So plenty of headroom in the shareprice imo even after allowing for these factors.

Mining as we all know is a vitally important industry in Columbia responsible for a significant amount of their GDP same as it is in Australia. The whole industry is just as stratgically important to both economies. Labour costs a lot less in Columbia as we know.

The Majors will have 150+ Strong crew on the ground at ANZA.

$20m in Columbia can fund alot more boots on the ground than $20m in Aus, but take all your points as all valid.

Non of us would be here If we didn't see the very clear opportunity to make some significant gains from here

Stock market exhaustion is a real thing, not saying that's the situation, but you are definitely more subdued at present.

Maybe time to switch off for a bit and spend some time with loved ones.

I'm off to do the same.

GL and think majority of us are all on the same side here

Two out of the three largest Gold Miners in the world are here as they understand better than anyone on this bb the opportunity.

The Global Majors don't get out of bed for less than 10 million ounces.

With a projected exploration spend of upto $100m vs our present market cap of just 14m!!!

All the driling costs are all free carried to OMI

For the majors to spend this amount, they clearly see a significant global gold asset being established here.

A busy bb on a fairly queit share ahead of news landing is a good indication of the FOMO building nicely.

Hi impy.

I know and understood

Always good to clear out a few impatient sellers ahead of the re-rate

Moving stock into stickier hands removes any selling pressure on the rise back up

Makes fhe move back up that much more powerful

-

MM's know the score, once sells have run dry like they did last summer and inevitable do each and everytime around this range ahead of news.

They let a few very early buyers in with size then
Send it to NT for anything over a few k

MM's will hoover up any loose stock to sell them back at 300-400% higher up

GLA

A Material development :-)

Even if it the cash payment adds just another mere 2m onto the market cap - fine by me, but reality is that its a significant gesture in the run up to JVA

MM's can then move it up then having mugged a few sellers who will have to pay much higher to get back in.

Expect the usuual suspects to be crying saying it doesn't mean anything.

But we all know it does

Copied from RRR

ELEP IPO

This website shows ELEP to be listed on Feb 17th (Friday)

See https://www.webull.com/quote/nasdaq-elep

CB interview today on V0x markets about BZT

Hope DVH is enjoying the lapdancers in Vegas!!

Nice move up from the lows

Early results with evidence of a mineralised system and in the right post code for very large copper systems.

Just how big needs to be properly tested by the drills

GLA

Break of 6p provides a clear pathway back to 10p+

Recent placing at 10.4p..

Looking forward to reviewing the drill target plans and MT surveys.

Should be a busy few weeks and months ahead here now.

GLA

A lot of the buying action getting hidden away over on AQSE as usual.

4.27 just paid over there.

Looking strong

GLA

Jack, I agree

Suggest review the last presentation slides.

Shows total number of shares in circulation + what would have been added by the outstanding warrants.

These will no longer be added so the position has improved to your benefit

GL

As mentioned Jack, it's all the same posts we've seen before about this and that while waiting for news.

None of it matters, remuneration packages etc. Miniscule drop in the ocean, discuss it on bb you like. However right to note that the 25p outstanding warrants expired in December which you should be very happy about if total shares in issue is your thing.

Good to point that out actually

Compare the shares in issue here to GGP.

What actually matters is the Tier 1 asset at ANZA.

> I'll do a reminder later on about some of the drill data which is more interesting to discuss.

Ps.

Signed did post he sold WSBN at 13p

He then posted over there that he bought back in at 8.75p

All in his posting history - so he is over 50% underwater on that purchase.

Let's hope for his sake that we're both right that WSBN will get back to his 8.75p purchase.

See he made mention of a further addition at 6p.

WSBN can now can be had for 4p.

GLA