Member Info for Rob1967

Not too worry...plenty of time to add here. 😉

Thank you for your concern though....

Don't worry, thank fully I never sold...however I did add

Great sign imo..we now have the Directors and cornerstone investors all buying even though we cant extract the Titanium 🤷🏻‍♂️

They must have cash to throw away…

I think its fair to say Seingred prity obvious, that omi cant prove up this resource per Brad could cost 50m to 100m.

There are other ways to skin a cat the easiest is JV and raise several times over next few years.

Agree directors done very little for their money and no skin in game but things may or may not change. They like the easy option award themselves share options with 3 to 7 years expiry date at low prices. Apart from first day of joining board some of these directors done completely nothing for their cash. thats my opinion only.

There are lots to like about omi and yes we have big concerns of JV partner and fund raising but these are out of our hands. Brad should be knocking on Gervaises door former CEO of GGP

Seingred Dr Chicken we all know that the best option is a JV and there are companies in that area close by who maybe interest no guarantees but we all hope that a good JV would benefit us all. However as seingred says the cash burn is big here if you look at last 3 years must be 15m gone down drain and we not paid for any drilling. We have 3 other projects to support so a JV is a must and we have to raise a few if not several times over next few years to support Anza and other projects more so now than any other time. However looking on positive side we have got some great drill results and soil sampling in south which took about a year so should know where good areas to drill.

My concern is Agnico if they are our JV partner will they want same terms as Newmont and will they still be in charge of the drilling and will they want to control news flow like Newmont. Lots of ifs and buts

Heres fingers crossed brad earns his money and gets us a good deal. Then raises but every month that goes by is a bit closer to Judgement day.

Brads got to have a plan as its been sooo long doing nothing and in the interview he said hed been planning on getting Anza back for at least least 6month to 8months so he must have got an idea of plan B and C and D raise money get a partner or JV and how much he needs for other projects.

As the good Doctor says he may have already made an agreement and you would not keep saying we getting 100% back without concrete evidence of it. We dont know all guess work but he does and I believe hes just waiting for legal sign off which could come soon a month or so and then watch him get the elephant country again and really sell this. Theres always those that will knock the spots off Brad and say oh but oh that and look at the and look at that. Thats all I can saybut watch this space.

Doc I agree more like a raise at 6p they will need at least 6 to 10m to get other projects covered and start a drill plan. I think brad will have contacts and a plan. JV would be great depending on terms.

Seingred agree with warrants, disagree with 190m shares equals 1.9m when current market cap is 6 or7mishso I dont know where that one comes from. yes last raise 3years ago and think warrants at 17p everyone was complaining they never had chance to get in.

Yes a new JV partner would be best but no guarantees and Agnicos name mentioned but we not herd from them and we do know they will want to change terms for the better of them.

As Brad says to prove up Anza could be 50m to 100m its easy to spend someone elses money but when you not got alot you have to do things differently.

Would only expect the negatives from you seingred, never herd you say anyting positive about this company, and yet you been here chipping away at the share price. Hmmmm wonder why if its such a bad company, a bit like the bb people who just want to put down a company then buy loads shares on cheap. All Im saying is that the board will have to raise as well as getting a JV and it stands to reason they will issue warrants.

Why was it…35 great drill results,credible corner stone investor, fully funded for 6 months plus.

Tbh the drill results were expected,new investor was good news.

We now need to prove to the mkt that any future mine will be profitable.

CSIRO results will hopefully go along way in that…

How many exploration companies have rights issues Id say lots of them, Im invested in another exploration company which just raised twice in 6 months. its share price has gone up many 100s% rises last year. It will raise again within 6 months and again.

Omi raised 3 years ago but has had the backing of Newmont but then we had no other projects to pay out on. We only had 160m shares now 190m so only a small number of shares. Look at vast resources had 5billion then went to 25billion they must have had 20 to 25 rights issues in a similar time. look at GGP they have raised around their market cap in shares and debt and JV partner.

I cant see what the big issue is here they will raise 2 or 3 times in next 18 months so no big issue to me its gunna happen if you dont like it. Id suggest you sell up now.

They will raise as soon as they think share price at a reasonable level. I think before Q3. and yes they may have spent 1.7m but its like anything else they can scale back on things. A bit like when someone is feeling flushed they spent spent and then spent a bit more but when you skint you dont spend as much . and you think twice before spending on things.

Quite right Islangirl, however we are much closer to proving this now with the Saudis onboard, you don’t chuck £3m in to the pot without carrying out extensive DD.

500k buy just before close isn’t waiting for any gaps…

Glad you being more confident about the company now. Lots of news to come over this quarter and once we get 100% and a new JV partner it could be drill drill drill, as Brad would put it.

However we will need some big money and a rights issue to get the other projects running too.

Lots to look forward to and dont think it will be toooo long before we get next rns.

Just nice to not have DNP's constant commentary...looks like he's moved on again...

Tried for ages to buy this morning not a bean now look at price 27 up.

My timing is shocking been working all morning.

Id be surprised if brad offered them all the money back ie $16m as it was them who have changed tack not us, I think he will offer some cash in future and maybe a part of the asset 10% or better still 5%. Once Anza is proved it will be worth alotmore than todays value he may just get a resource on one or two of the sights first then offer them a percentage. Its all guess work from us but one thing for sure we gunna get alot more info from now on and as we get 100% back it will be rns on everything to get the share price up. Who knows maybe Agnico may buy some shares in us or just take a stake.

All guess work.

Only time will tell.

dont worry as soon as we officially get anza back brad will crow like a proud ****erill and have lots of info to share with his merry band of shareholders. he will want to share as much info as possible to get that share price as high as he can before issuing shares. thats for sure. he should have a few years of info to tell us that newmount wanted him to keep stuck about.

we will get all info on all sites.

You maybe right but they will want to finalise sign off everything legally with Newmont before announcing things. brad did say there will be a few rns over next few months.

At least he seemed positive and confident.

Good post of course Agnico want a piece like 100% they seen whats there and have drill samples etc but on there terms not ours. I bet they have offered Brad a cheeky figure.