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Easy to see a return to previous higher levels ahead of JVA agreement / Next $20m drill spend from Agnico/Newmont and additional further $2m cash payment due to OMI.

Updates due from Argentina and Brazil both due to land before the above

Looking good for a strong move up over coming weeks before the big news cemments pushes us on to much higher ranges.

Re rate just just warming up.

GLA

@Carvegiher

You might recall all those that were here previously range trading It mostly admitted a couple of months ago they were moving to a long only strategy.

Starting to play out in line with expectations in the PM marketplace.

GL

Agreed, looking strong

Looks like good update is starting to play out in the SP

Good move Nookie

14m market cap here at present

54m market cap will still look cheap imo all going well over the coming months and JVA completed.

GL

Agree Tom

Just mentioned elsewhere that 9's are incoming here

Chart firming up nicely now.

Good to see you back DrR

Couldn't give GGP away a week ago at 7.5p now its moving back up towards 9p

Same situation incoming here, in 6p range only.small buys were permitted for a couple of days before the MM's moved us back into the 7's.

Imo all the hindsight traders on the sidelines will be kicking themselves in a couple of months when this has doubled.

GLA

Another tick up today

Chart looking bullish

GLA

Good post chicken

What Rob mentioned the other day is all starting to play our imo, with most majors breaking into new levels as the first to move before the juniors follow suit as the price of Gold continues to break out

$1860 levels now being seen!

Few weeks delays here assisting a sugnificant discounted entry at present from where we were trading in anticipation of confirmation of the JVA and next targets at pepas.

Can see OMI back up trading around the 12-14p range ahead of the JVA confirmation and let's see where we go from there once results from Argentina are out, updates from Brazil and the next chunky drill program in Columbia is underway.

GL

.

New levels / range being established

See this moving much higher through the levels

Return to 200p+ is on the cards this year imo

Plus a veey healthy dividend from the present entry.

The fund that has been selling down here just ahead of today's transformational news is giving me Deja Vu from when Acacia spent weeks selling down their stake in SNG right before they announced their positive results for SNG001 and shot up 600%

Unlike SNG, this looks like it should open the door to sales in the US market place.

Thanks Toon

Nice holding.

Feel like you have an excellent understanding of the situation here also.

Never heard SD so upbeat in any interview ever.

Sounds like he feels like all the heavy lifting has been done now and that good news is on the horizon in terms of MRE upgrade to put Havieron up there firmly on the world stage.

Good summary by SD..

"In the same weight division as a Telfer"

"Becoming a very large high Grade Ore body"

"Overall grades for all recoverable material between 2-2.5g/t"

"Continue exploration investment across the other 100% owned licences."

"Potential additional new cash flow or near term cash flow projects"

In terms of news throughout January and rest of Q1:

>> Assay results from Argentina
>> Re-Assay results from Pepas, Colombia
>> Feildwork results from Brazil
>> $2m contractual payment ro OMI (albeit this could come later on.

>> Confirmation of the next $20m drill commitment (all free carried to OMI.)
>> Additional drill plans/targets.
>> Formalisation of the NEW Joint Venture Company
>> Details of phase 3 agreements + further cash commitments from Agnico/Newmont

Agree,

New JVA for ANZA provides the next $20m of drill costs to the project.

It will also reveal the likely future spend commitment which one would expect to probably be anything upto another $60m+ cash commitment, from our JVA partners and possibly more.

Something most exploration Company's with a market cap of just 14m could only dream about

Should OMI also secure a JVA with Newmont or equivalent for Argentina, bringing in a Major to meet the drill costs there may even provide some additional cash upfront. Given the BoD have discussed the potential for a JV with Newmont in Argentina, they look the likely front runner, but Anglo are also operating in the region.

Alongside rising gold prices Tin prices have started to move up recently, so if Brazil can be monetised via either an off take or NSR provides an alternative or compliment to potential cash generation in 2024

The BoD of an listed exploration co relying on the markets?

Never heard that one before. :-)

Whatever will you think of next..

OMI will soon have.5m cash in the bank.

Exceptional low burn rate and have confirmed they aren't looking to raise

As for next 3-6 months. I suspect the SP will be at least double where we are at present

Gold tagging $1840 - $1850 in early trading

Looking like break out time