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Good point Rob

Better to stick to OMI discussion on here.

The more I review some of my historic investment notes on here the more I tend to share the view of a few others around Brad being told to keep hush for now about certain goings on in the background until all the paperwork is in order.

I have my own theory about how this is going to play out cumalating in an offer being made for ANZA next year equivalent to 70p+

Whatever happens all the pieces of the jigsaw should start to be thrown on the table over the coming weeks.

GLA

AGEOS

Brad has actually discussed this in previous interviews.

He stated that if we were running the project alone we would put an initial JORC out to market and the cost of this from memory to do so he stated would be about $8-10m in further drilling at APTA

In addition to this, he also stated that they do indeed hold sufficient data to know exactly what they have, it just that it would be a non JORC complaint resource estimate (as your friend has rightly pointed out).

To get to a JORC compliant model will require the infill drilling together with the hole twinning and then they would have the sufficient data to make it sufficiently compliant.

BG has stated that they have seen enough from APTA to know what they have but because they are here for 10Moz+ (as per recent pepas interview) they are looking to repeat these discoveries across the wider licence area to understand what else is out there rather than just focus soley on the one target which is what OMI would be forced to do If we didn't have a free carry on the drilling.

@Rivaldo

Always enjoy your knowledgeable posts on here.

If you are still in OMI it would be good to see you pop in on the bb over there as we close on on the joint venture agreement with Newmont & Agnico

Keep up the excellent work here.

Good to see nice positive market reaction today with more news to come

Notice the EBITDA percentage % diagram posted up on twitter via shareTalk which gave a visual representation of Hav/Telfer contributing upto 20%+ EBITDA to Newcrest over the coming years

Always been a few padded cell posters over on the Asylum bb

There's one clearly operating multiple accounts who posts the same nonsense on repeat across a number of bb's

When these bottom feeders are in full swing ahead of updates is usually a buy signal as they want your shares on the cheap.

The last thing anyone who wanted top price for their shares would Post is that they plan to sell

It's a well worn slight of hand by traders positioning.

Good timing there

Newcrest opened up 10% and Newmont opened down 4%.today on takeover talks news.

looks like folks are happy to scalp just a few % percent at present

Good luck to those in here hope it comes good.

Starting to tick up now

Seller finished at this level

52-wk low 5.55

Record amounts of central bank Gold purchases also.

Good note Paddy

The risks are diminishing here now and the chart set up is starting to look good once again.

Strong support established at these levels and moving into a transformational period for the company

GLA

News on MT fieldwork at Red Setter due

Fully cashed up now for 12 Months

Good time to be onboard

This will provide the Company with sufficient capital to fund the planned Hickory-1 well at Project Phoenix, payment for the new Project Leonis acreage, finance potential portfolio expansion / new ventures (should any be identified and pursued), and also additional working capital. Following completion of the proposed Placing, the Company will have sufficient cash to fund its ongoing working capital requirements and general and administrative overheads for at least 12 months.

The Company will now focus its attention on the Hickory-1 well, which is expected to spud in early March 2023. Hickory-1 is designed to appraise up to six conventional reservoir targets within the SMD, SFS, BFF and KUP reservoirs and 647 million barrels of oil1,2, and is permitted up to a total depth of 12,500 feet. Hickory-1 is expected to cost approximately US$13.5 million gross (88E net approx. US$10 million), with this modest cost a result of the proximity of Project Phoenix and the Hickory-1 well to key infrastructure including the Dalton Highway

Seingred

MSTR up 70%+ in past month.
If you like bitcoin then that's the one to follow for outsized returns up or down.

In terms of Gold plays. There should be a window of opportunity again over the coming fortnight to scale in and add to some of those producers before gold starts to trend back up

If you want Leveraged plays purely on gold and silver price actuon then there is the tickers 3GOL and 3SIL with 3SIL being the more volatile.

A tightening window now to add here before we close in on the JVA deal which should finally underpin a much higher baseline valuation more representative of the proposed project capex and future.asset valuation.

GL

2billion just added to the NCM market cap at the market open

Good post TT

The Global Majors are under pressure to add big ounces to their books and acquisitions of large deposits with long mine life is a quick route to improve their long term balance sheets.

I see Intresting news concerning (Newcrest/GGP)

Australia’s biggest gold miner NewcrestMining
is in the crosshairs of a major global producer, with takeover / merger talks with a North American counterpart.

I expect the M&A space to heat up in both PM's and commodities.

I have a question for BG and for others who correspond with him to ask our BoD concerning what the takeover optiom/ double option agreement looks like that must surely form part of the JVA being worked on.

This is definitely one area where having two global majors involved effectively rules out any prospect of a low ball take over from one or the other or indeed a 3rd party.

I.e in a double option agreement should one of the incumbent Majors table a bid for the whole of ANZA there would have to be some mechanism in place to trigger a counter bid process for total control until a satisfactory agreement on price is met by both parties.

They will already know that we have circa 5-6Moz across just APTA and PEPAS alone from drill data held.

The more they start to drill up the other targets and increase the drill data confidence the more the potential resource size will grow combined with the prospects of this becoming a globally significant deposit.

The more it grows in size the valuation curve here should play out aggressively to the upside.

Either that or one of the Majors may decide to move early to take out ANZA from the other and OMI.

However it won't be cheap as the more drill data that comes in confirming we have a Burittica size resource at ANZA.

Looking forward to a good year ahead here for all OMI shareholders.

Intresting news concerning our neighbours (Newcrest/GGP) in the Patersons Range.

Australia’s biggest gold miner NewcrestMining
is in the crosshairs of a major global producer, with takeover / merger talks with a North American counterpart.

Further underpins the recent strategy here
WSBN have taken in acquiring additional prospective land holdings in this red hot jurisdiction

Tro

Couldn't stop chuckling at CGNR today after the profs interview

Split my popcorn reading between CGNR bb and ITS, both hilarious bb's to read for shear exuberance

Hope you turned a coin off the back of PR Prof:-))

Gareth sollaway has been saying for days that gold to retest 1800 levels before going on to make an ATH this year.

He expects Gold to outperform this year as a safenhaven asset and BTC to see a big pullback and retest as low as 12k.

Tends to call the bigger picture far better than most.