Member Info for Rob1967

The dividend alone is worth 100% of floatation price or more than 10% divi on todays price.

Sorry for mentioning this on this board but someone said 10 bagger fantasy 100bagger total fantasy with omi Im hoping 10 to 30 bagger thats my guess work not bothered what others say. yes we have had a bad run some would say yes we out of pocket on our purchasers but look at it in another way. we have had opportunity to top up in 25p range 20p range 15p range and 10p range if maybe its a big if we get to 40p or 20p or 100p or 200p we will be glad we picked up these shares cheaply.

it all depends on how deep your pockets are how you look at something a share and value it. most will look at it differently to me but we all have our game plans. Some are very negative others bullish some traders some long term holders.
DYOR

Fantasyland of talking about a 10 bagger Dr I disagree. my mate said just 4 months ago Hed bought into a company and what did i think I said its got 10 bagger written all over it so he bought heavyly into it Im talking big bucks. It floated at 10p on 19.10.21 a coal miner . its gone from 10p to 96p high and currently 90p in 4.5months. ive changed my mind now on it and say its worth 250p to 500p on current projects it will make more acquisitions and I think itsworth between 500p to 10000p on my calculations or 50 to 100 bagger. my friend says its possible but dont think he believes me. only time will tell. But im really bullish on it like no other stock Ive owned. its only just floated but its got cashflow turnover profits and will pay a 10p dividends great asset value and margins are unbelievable.
wow Im sooo excited about it. its a matter of not if but when it reaches these prices.
If omi doe half Ill be very pleased.

I was not saying that this will 100 bag but generalising and having Ive seen companies hundred bag a few examples
GGP 0.3p to 40p
Eurasia 0.4 to 40p
Next 6p to £80
Assos 6p to £80
Yes it takes time Im hoping omi does 10 to 30bag wether this is wish full thinking or not but we can live in hope. A market cap of 17M if we have 10m ounces we should be valued similar to Buritica 1.3b canadian or 800m 25% is £200 or at least 10 times todays price.
However I think gold will climb to 5,000 an ounce in next 4 years and if and it maybe a big if we have 10m to 30m ounces then we should be worth alot more than £200 maybe £600m or 30 bagger only time will tell but one thing for sure gold is only heading alot higher in my opinion and newmont and Agnico arnt here for a small resource of 5m they want 10m plus.
All to play for and everyone has their own thoughts on the matter this is my thoughts.
DYOR.

Haggis, do you really think the sp would be at 91p if metcoal was still around $300…personally I don’t…

So nowt to worry about then all in hand its just a matter of sitting tight and hoovering the shares up when cash is available. Thank you for all the info both of you.

Im not too concerned about the share price yes not what I was expecting but these things come and go as long as I know that Newmont and Agnico are investing big style Im happy to sit and wait. I think 100m here is peanuts to the big boys and yes quite possibly alot more maybe needed. im not in contact with brad but have a substantial holding here and am prepared to wait for it to come good.
Thanks again. come on Bargav we need your input.

Captain…quite simply its a dark art, we are just mere puppets feeding the rich

Looks like we will have time to reload our ISA’s

Thanks for the info on the 35m spend by our Joint Venture Partners to date it inspires me with confidence that Newmont and Agnico like what they see and will be prepared to back this project with huge funds to see whats on site maybe 30m could be an underestimate of whats there.

DYOR

Im no geologist just an ordinary investor so no expert like some on here. Im backing Newmont and Agnico as they are the best have biggest resources geologists and cash experience and we are in proven areas of multi metallic metals gold silver copper lead etc.

My point is that the original drilling from a few years ago were staggering to say the least and they results must have influenced JV partners to take us on. However some of drilling has been good very good others not so good and I can only assess that the JV partners are drilling the dip and see how far out the Apta resource goes. they will have tested the results from a few years ago and thought yes this is fantastic but they were limited drilling results and agnico are drilling all over Apta site to see how good it is. They still drilling after 18 months so they must see something big. Other wise they would have wind it up and more to another site.

We have vast areas to drill and cant for the life of me think 20m on one site will drill it so to me if we have another 6 sites to drill they will need a huge amount of money to get a feel of whats there and 100m could be peanuts for drilling over next 3 to 8years.

If they already spent 35m on one site which is only first choice as it already had permits I ask how much to drill some of the huge sites we own. in my opinion this is a monster and an investment Im prepared to back to my last penny.

I herd an interview from Rick Rule from former CEO of sprott billion or more mc in his interview he says to get a company thats will multi bag 10 to 100fold you have to hold the shares through thick and thin and be prepared to see a 50 to 60% drop before it comes good. ive been in many companies sold out when they got back to original value only to see them go on to see 100fold increases fool me.

Rick says you have to back the management in our case we standing tall with Newmont and Agnico and also have Brad who is a geologist and we definitely in right area. Rick says you have to find an area where its out of the way. We have proven resources all around us.

Thats mega spend by our partners 35 todate to say they have been only working only on Apta and soil sampling on other sites and doing prep work for licenses so Brads never mentioned these things in the interviews which would give confidence to investors. two of the biggest mining companies in world 4m to them is small change but I can see them spending a hundred million or more over 12 or 8 years thats not alot for these big boys 50m each to get there 75% of the Anza project.

All great stuff happening in the back ground here but not broad cast. Mega undervalued.

Thanks for the response and info Chickenlegs. Phase 1 was to spend 10m that was pay omi $1m in first year $1m second year and 4m third year and 4m fourth year currently. next phase 20m and 2m cash to omi. Agree its all guess work but we have no crystall ball to say this will drop much further it depends on a few factors people selling mm may take it down but then a few people buying and they will take it up. only thing i can say is its massively undervalued and with the majors putting money 20m which I did not know give me even more confidence to add. its a bargin price to me whether it drops further I dont know but a big bounce is on cards not if but when could be another few weeks or next month But illbe adding already chucked kitchen sink in but still got a few pans in cupboard left to chuck at this.
Im in for long haul like the good Dr and co.

Mr Sector Inspector you are sooo right mega undervalued massive potential here its just a matter of being patient lots investors just look at the sp and say its doing note Im off. I like to see the big picture and am long like many here who see the end game. I might be down but Im definately not out. my game plan is 5years down road maybe a bit like Brad. i personally think we have a resource of 20million ounces plus brad has dropped hints but its all guess work. The longer it goes on the more our partners will have to pay. market makers taking the michael here. We will bounce and bounce hard let all those who want to leave the room let them go.
A market cap of 17m against cash of 5million with 2 more in September and JV partners spending 20m probably in next 2 years and lots more. then per brad jv partners have to give us a resource update and according to Brad this could cost them 10m to 50M to prove Anza up. So all in all mc 17m but jv partners could be 30m to 80m this this project. Thats a risk Im prepared to take. Thats great odds to me. if the market markers want to take this down Ill be getting hoover out not like brad as hes got his options. Dont mind hoovering these up.
DYOR

Next update will be very bullish and more drill results licenses more of where they will be drilling next sp down 50% in 3 months way over done in my opinion it should bounce hard with good news great opportunity for long term holders to get in cheap. Only time will tell but this is painful to watch have seem it many times before. OMI great assets just need to prove it up JV partners know what they have and are keeping it to themselves.

Brad needs to talk this up more and share JV plans we need to start drilling on other sites but it will take time. In meantime only 5 months to phase 2. ill be buying more just watching and waiting for funds.

Back to nt…

2 x30k for me added….less than Art paid and now nt.

30k are mine…

Iron…if he has placed its certainly not to keep the lights on.

This is the rich news period of that Brad was talking about a bit late and its not causing sp to rise quite opposite really. until we see some good drill results and licenses cant see much happening. We need something concrete which we have not seen here, Yes lots of people unwater I would say most except a few who bought in 2p to 10p region most will have bought upto 45p. Dont worry sp price is only down 75% plus from 45p not the best to inspire people.

But then is brad that bothered hes got his options and they are for long term no risk as hes hardly got skin in game. I did a bed and isa for 10k today so the 100,00 shares showing as a sell and rebought into isa. most of trades were sells but some were buys but still showed as sells.

Market makers want to take this down a 100% rise from here would only take us to 18p to 19p
2 years ago we were 39 to 45p last year 25p to 26p and now sub 10p. Im here like the Doctor long term but it would be good to see sp rising.

we are an explorer not producer the agreement is for 10 to 12 years so we wont see any production of gold that will be down to JV partners once we have been bought out.