Seingred11 Feb 2023 21:49
You always paint a black picture. You know as well as me that the mining sector is lowest its been some say lowest in last 40 years or 50 so as you know lots of these companies are massively undervalued. As Ive said many times in next 3 to 5 years gold will shine and theres every chance that gold could be in the range of 3,000 to 5,000 ounces if this was to happen then many most all of these producers would double triple quid rupple and some could go up many times more than that for example Angle Asian went from 4p to 180p within 2 years.
I agree with what you saying but you looking at the shares today.
Most of us are looking and investing here for tomorrows share price when the mighty 2 put a offer in for omi on what they think is there. Most of us have seen GGP go from 0,4 to 40p from a few million to 1.5billion pounds. if omi is bought out at £75m £150m or £500m then thats alot more than the current share price of 15m.
Ive bought omi and tell people it will be much higher in 2025 to 2026/7 than today. You cant argue the point that if there was nothing there then the JV partners would have walked so dont be gloomy cherup if you thought that omi were worthless you would not be here.
We have 7.5years left on agreement but brad thinks it wont go that far. Ill be here til it does whether thats 2 4 or 6 years times. Brad will have an idea what the companies worth. Its in JV partners interest to buy it before they discover the true value of Anza. If they walk then Royal Road will buy us if not then the Chineese or Holdchild there will be a que to buy us.
We entering a period where gold will explode in next 5 years so it will make Buritica look very cheap. ps from charts buritica got bought out papers say march or oct gold price was around 1700 to 1950. Does this matter in a few years when gold is 3k to 5k no.