Member Info for Rob1967

Rak

Take, we only set prices for 7 trains

https://www.argusmedia.com/metals-platform/price/assessment/PA00128862100

$400k per month Mark at full production.
However it shows that met coal is not on a downward trend.
News next week on yellow metal and HWM2…

Rich news period coming up. Updates on Braizil Argentina Colombia and JV phase 2 agreement, updates on permits licenses drilling on Pepas Pupino. Also drilling on new sites before Christmas or new year. im expecting plenty news in November 2nd week onwards could be a bit sooner early November on our two other projects.

As we all know brad can shelve news when he wants to so Im expecting lots of news hes been shelving in last few months to come alive in November. only time will tell but only another 6 days til November and i think rns saying when next webinar for between 7th to 14th November anyone want to disagree.

DYOR

Bhargav dont lose the faith, I know whats in the ground and whats its worth alot more than £19 market cap. yes we know brad has kept things in his office and only brings them out when it suits him. permits and drill results at Pepas good examples he can say what he wants to suit him.

Gold probably fall more while interest hikes are here but in my opinion we are near top a few more hikes to Christmas then they will be smaller hikes or no hikes. it may take 6 months towards June before they reverse rates then gold will start to move. The dollar is highest its been in years following rates so once they fall so will dollar and gold will rise. even BOE exdirectors say rates here wont go to 5% they cant afford to as all economies borrowed too much.

It took Fed 12 months to act on rates oh its transitory we all knew different. They are behind the curve and its like playing cards with them. We know whats coming even Seingred knows tha,t thats why hes invested here and all goldies. Our time will come its just a matter of patient my friend.

Things will move quicker with 3 involved imo

Islandgirl, not if...we do

Sorry Echo but I do not agree, the difference here is we have 3 interested parties...let the bidding begin

Very true Islandgirl, I bought in heavily yesterday and will sit it out for the offer, which should be well north of 13p
Added Bonus is the dividends.

In last interview brad actually said that permits licenses should be granted within a month so Id guess unless something goes wrong then by next update he should have great news on many fronts whether this is good enough to lift the sp to above 25p time will tell.

Im hopeful if i was not I would not invested in first place.

Bhargav I agree if you listen to Brads last update in September he said licenses permits only a formality and will be granted before Christmas. He also said that they would be drilling before Christmas so if this was the case then licenses and permits must be granted. unless brads just feeding us a bit of bull.

Common sense says that if phase 2 is going ahead then JV partners will want to get going and drill drill drill. Or do you think they will sit on their hands and say 130 people on site lets wait another 12months and do nothing. Once they get their 51% they will want to spend drill drill and a bit more drilling. The JV partners have not signed yet but are working flat out on Anza that says alot in itself. brad says they want to spend $20 not in four years but 2 years.

I personally think the next update will be the best we have herd in last 2 or 4 years. lets see what brad says and see if we get drill results but we well due for some.

DYOR

I think theres only one month before brad shows his hand or his Aces we hope. He will have to give warrant holders time to exercise so me thinks maybe max 4 weeks and we will know for sure what the score is.
He wont be giving us new night before warrant exercise. i know theres most on here who think it wont happen well outsiders do win. look at champion Stakes at weekend the unbeaten horse never been beaton was beaton. So lets see if Brad can pull something out of the hat he should have plenty to say.

I agree the people who have sold on spike in last 2 years have done wonderfully well but you never know when it will and again want to reiterate there will come a time when it keeps climbing whether thats next rns or in 12 or 18months time but it will come.

The only trouble is by then Seingred and sotolo and the big bad wolfman will be major shareholders.
Dig accepted Seingred. Hears hoping Brad has something up his sleeve. you must be a genius if you can call bottom and top. it would be nice if we got back to mid 20s but hay ho time will tell Im in no rush.

Kenny, the easiest solution would be a simple transfer of ownership of shares.

Karl at the minute we omi own 100% but phase 2 January new company JV own 51% omi 49 % then after spending minimum $20 they get another 13% taking them to 64% then they have to provide resource estimate for another 11% to 12% taking them to 75% with omi owning 25%.

omi have not got the money to take this to production and JV partners will buy 25% even brad says this so its prity much a certainty in next 3 to 5 years they will buy our share depending on how they value it.

GGP have raised approxi £450 to £500 to take them to production with shares parts of business assets sold so other investors coming on board and Debt. Their market cap is around this level £400m atm
DYOR so in my opinion we will get bought out at what valve depends on how much they think is there grade depths and price of gold but I would imagine alot higher than todays Market cap but it depends on who you ask.

I also think in 3years price of gold will be alot higher than todays value but who can say what it will be.

Rollovers

patrick, I think you will find he run out of time and had to squeeze it in...

my investment view is to buy and hold and if its goes lower buy a few more if you think that the company is worth it. some people buy in morning then sell 2 hours later make their money and more on. I tend to buy and hold like my properties long term 10 years 20 years. it might not be right way but it suits me. im in no rush just collect a few here and there along the way.
DYOR

The longer brad leaves news on Colombia the more info he should get. i think maybe other projects update in a few weeks to warm things up then colombia update mid November or a bit later but he will want to leave room for warrants to be exercised if possible. Everyone so negative and we at the most exciting time in omi for years.
We could be drilling on four sites within months new JV company with partners doubling spend on Anza project cash coming in Jan. Drill results from lab from Pepas lots going off.
Great time to add.
DYOR