RE: Back to OMI - exciting H2 coming up15 Jul 2025 11:55
Legal, it is usual for consultants to give the drilling plans. They were always going to want more drilling. Nothing wrong with the plan at all. Now it needs funding, carrying out and things may change along the way.
Personally take brokers reports with a pinch of salt. Can assume that 3 years is absolute minimum in time. Posts previously inferring production near term and no dilution obviously deluded. Dilution is par for the course in this game and the more money spent in the ground the better, hence why would like to see more than one drill working.
Long term sp will depend to a certain ammount on what price dilution happens. Drs theory that Omi are manipulating the price to give extra presents is not very inspiring if true! Personally think that’s rubbish.
Not sure at which point things become transformational for share price . All eyes to end of year.