Member Info for Professor1

Nice rocket Ian. I stay with my $2.44 prediction.

Final price = $2.44 per share, satisfied as follows:

1) $1 cash per share plus

2) 1 NN share of $25 each for every 17 (30p) EUA shares

GLA

Plface

I think OMI has a long way to go yet. If it turns out to be like Continental Gold then you are looking at at least £2 -£3 share price from current level. I recon still worth investing.

The Deal wa approved by a quorum of 13 Board Members - it has to be a MEGA deal

Hi Arsenalles

NN would not require a quorum of 13 Board Members to sanction 6 cranes costing only $51m. This sort of transaction would be sanctioned by perhaps 1 or 2 Directors for that part of the Business.

Mac

Just got back and saw the attachment - RE: DEAL APPROVED.

Fingers crossed its EUA - and good luck to each and all of us. Out for a walk now and will catch up on messages later.

Army - I think so too

Unless I am mistaken, the Statement of Material Facts stated "Subject matter -
meeting of the Board of Directors of the Issuer and agenda of the meeting"

Thanks Mac

Hi Mac

Just a thought on today's NN egm.

If they are discussing possible price Re: the transaction, will it not remain classified and therefore the egm Minutes not appear on the NN site?

Just thinking - possible price war amongst the bidding parties.

Sibayne - "CONDITIONS TO BE MET BEFORE MAKING AN ACQUISITION ARE IN PLACE NOW"

DATED 4 NOV

https://www.powerof78.com/2020/11/04/are-sibanye-lining-up-to-buy-eurasia-mining/

I believe the whole strike length here is going to be massive - somewhere in the region of 8 to 9 KM in length on top of the grades.

As yet, nothing has appeared from today's date

Board Meeting will be in the section headed "News and press releases".

Joanro

This does not look like the Board Meeting discussion

Anyone dipping their toe in Wishbone?

Hi MiddleEast
Me too- waiting for EUA to come good and the proceeds are all coming into OMI.

By the way, just noticed that Primorus Investments have sold out of GGP. I wonder if that investment is going to come here?

Eyeguy

You are saying this will now go to 30p or 40p.
Please bear in mind that in the case of OMI, which has similar SCap BUT excellent drill results to date, the share price only got to 30p on partnership with world no 1 Newmont and no 8 Agnico.