Member Info for Sanguine83

This was likely going to consolidate a bit today after the rise yesterday. The EGM RNS became the excuse for the drop and derampers jumped aboard the bandwagon.

What is don't understand is EGMs are held when you can't wait till the next AGM. Why do them back to back?

Is it normal for companies to call an EGM? Have they something to announce?

I agree, the future cash flows at pepas are amazing and not priced in at all. But they are a long way in the future. Gold is on a scream now, and may well still be by the time pepas is producing but who knows.

I think we would get the market reaction we all want if the company focused on bringing pepas into production ASAP. After all holes in the ground with potential billions is lovely, but rapid cash flow from minimal capex is the stuff of dreams.

There needs to be less of the all things to all people...that will come anyway. Investors want to see cash coming in, as Durett said, as a producer omi is exciting to him, not as an Explorer.

I agree 40034427, there was lots of reducing expectation talk throughout the webinar. For example they repeated early drills on el pantano are unlikely to be like early holes on pepas, etc.

Whilst under promising and over delivering is always nice. Across the pond they like more enthusiasm and energy.

There was no RNS of course, so there was only so much they could hint at. I found the idea that all the big players are looking and every resource/deposit currently, particularly interesting. Reading between the lines there.

I hope they are not quite as laid back as they came across there, and that they are willing to strike whilst the iron is hot so to speak.

Nice steady update from YU. Growth has slowed as expected given the company is increasing in size. What can we expect going forward? I dont get the impression YU management want to do anything "exciting" , knowing the company is undervalued. I fear boredom will set in? Nice if you want a gentle dividend earner.

Wow, huge delayed trades, lots around 2p or just under. Look like buys to me.

Market maker manipulation? Should be an interesting week coming up

I'm in both wbsn and fdr. As someone said on another board, with this gold bull run it might be like blindly throwing a dart in the direction of gold explorers to make money. Does feel like wsbn have drilled in the right place, will find out very soon

Hi. Anyone know of the funding position here?

Does the company now fulfil what brad mentioned that the Americans want perpetual drilling and the Europeans want cash generation. So does he use the funds to progress pepas to a mine and continue exploration drilling else where to keep both happy. Or pivot to cash generation and self fund future exploration?

Sorry typo as I'm rushing out thr door, should say 35% not 55! Lol

Stocksandstuff, thr placing is at a 55% discount to 52 week high!

Private investors are the charity.

I've watched the videos thanks. Over 20% discount to the previous close? Ud think we had no prospects and struggling to keep the lights on

They've raised working capital only it seems. Not enough to develop the low cap ex open pit mine at pepas. I thought investors were falling over themselves at beavercreek to give brad money?

Gotta say very disappointed at this raise at a huge discount.

£1 would take us to ~ £300million mkt cap.

still seems very low given what's already been found here. i was hoping for *** packet calculations for the ceiling....1 billion, 2?

Napthman, I didn't catch 2020. Determined not to miss this one. Very exciting times ahead I hope.

On the the way Brad comes across, I'd say quite self deprecating, with a nice undertone of confidence. Definitely trying to keep a lid on things instead of rampy.

Late to the party here. Been reading through previous posts and the research furiously. All looks very compelling.

Alot of talk of an easy 10 bag from here, what do we think is the ceiling here if we turn out to be sitting on the resource we think we are in columbia alone?

(Just for fun BTW, I like to dream!)

Thanks metalmania, so do OMI intend to actually mine it themselves or do we not know yet?

Hi new here.

So buritica had 3.7million oz. What do we have here 350k oz?

Wondering the same, some very weird price action of late.