Member Info for Seingred

D t. Sorry but the sales process started with a 15 p open offer . So was in low 20 s when sale sign put up then the 15 p open share offer that wasn’t fully subscribed. Best to be factual!!

Doc, what I say is peeps could have got out with their pants and invested wiser during the last 3 years but the narrative generally has obviously been a misleading one from posters like yourself .

Doc, certainly hope not. I seem to remember many moons ago the many folds of ggp constantly paraded on here that were made by certain posters yourself included as justification of a ludicrous valuation for here.

99, I think we know you need the patience of a saint to hold here😂.

St, you are a real fool. I bailed at 8 p with an average under 4 p . I have a much smaller position here with 3.5 av now. Mstr is my biggest holding by far . Up 15x in less than 2 years while peeps waited for phase two. Just stop mate you are wasting your time!

Imp, you stickler you. They were the guys from the old mine as in old employees . 😜

Stoneo, we all know the we know stuff is rubbish . Even when they have bought it’s been pitiful ammounts. Had to be said, why on earth have you stayed in ? I bailed out around 8 p having traded a few times on the way down. Jac bailed out on 5 p spike. This is a v high risk share and you should view it that way and treat it that way. During this 2 year stage 2 nonsense there have been stellar ops elsewhere to make your cash back.

Talk of getting gold out of the ground is pointless . Even if properly funded that is around 10 years away. Agree they are going to need a partner, however even if one is found that will not negate cash raisings. I am going to wait and see when we actually start drilling. Delays arnt Omi specific it is the case in extractives and legals and personally I always expect over runs on timescales.

I think you should perhaps think of an exit strategy.

Personally I won’t think twice about bailing and putting the cash elsewhere. There is too much action elsewhere to bury yourself here if you don’t believe there is a chance. That’s why currently this is a small position for me but that can change either way but I don’t view this longterm tbh.

Agree it is possible that a paper deal could be one outcome however if asI suspect it goes Chinese that would be cash. If you have bought in expecting £1 I think you will be disappointed but 100% for a newbie isn’t bad. 3 years ago peeps on here were saying Mellon would fund this himself.

Https://www.mining.com/web/newmont-misses-third-quarter-profit-estimates-on-higher-costs/

Worth a read,

99, then explain why mc reward level has been reduced from £1 to 40 p???

This whole idea that there is no deal after 2 years because of Mellon touching it out is a bit deluded imo. 3, only 3 dite visits in almost 2 years.

Moo, I am peering out of my van on tea hee hee break . Fair enough post. I don’t hate Omi. I look for answers to questions that any investor should look for.

I hope it all comes good and I still have plenty of time to add but will be careful Gil there is more clarity.

Share trader, ooh look at those Bitcoin proxy’s go. Go have a little look at Mstr , meanwhile newmont dropping like a stone today . Mm what you reckon mr trader. Must be time I switched soon. Trouble is if I did I would dwarf Bradley’s holding and that wouldn’t make sense would it?? Ohh I gues it would eh.😜

I was making cash on Omi long before you appeared. Didn’t stupidly leave it in till 2 p.

Doc, that may v well be the case but I remember warning about possible problems before g petro was elected and usual suspects batted it off didn’t they doc?

99, good luck. Decent buy in price. Remains to be seen if stunning is the correct word and what your definition of stunning is. Any deal will be 100% from here imo. If or how much more is debatable. You may fancy bradda head another of mellons fantastic value shares. 888 highly recommended them some time ago.

Mr sharetrader(lol). My little punt is about a third of brads little punt. You are correct , Bitcoin will not do folds from here, however I have only relatively small ammount of Bitcoin, I mostly have solana . However Bitcoin was there to buy at $18k when the believers were waiting for phase 2 so with your fantastic traders brain work out even at 70 k presently , how much better an investment that has been . However I am mostly in Bitcoin proxies, particularly Mstr which has gone up around 1000% percent while the faithful have waited for phase 2. Bitcoin miners are going to rise much higher than Bitcoin . And certain alt coins will rise much higher than Bitcoin.

Why not do a bit of research lol. Take a look at the curve for Bitcoin miners in the last bill period. Have a dry run imaginary punt lol. Will keep you posted as you are a SHARETRADER 😂

Share trader , nsr will stand even if sold to somebody else. In fact nsr are saleable commodities hence royalty companies. Newmont could if they wished sell their royalty. Not suggesting that they will but they can.

Also interesting that Brad and now the doc quote politics as part of exit reason. Yet all those years ago when mr red said that petro looked likely to win and that it could well affect the project. It was nonsense wasn’t it. Oh so called trader you weren’t here then . There could well be be bags here maybe. Currently I am enjoying actual bags elsewhere not virtual, imaginary ones. I add gradually when it makes sense to me. Could have sworn that I was going to miss the boat during the great re rate on news of deal . Instead we have discounted raise and down 40% while I hold terra, up 50% in a week. What kind of trader are you 123. 😂😂😂

Ok guys. Let’s get facts straight. Look up colombias worst weather . I didn’t say it would stop drilling but when the hopeful brigade were pronouncing drilling in oct I said this is worst weather time. It is . However you experts not only reckoned we would be drilling by oct but without finance and would have a re rate from results before a raise or as the doc said perhaps a J/v or cash in the Aguilar attick that would negate a raise. Mmm yet you think you can discredit me because Brad says. Brad said the j/v was coming along. Brad said we should have been drilling with the Feb raise.

Ddd, after 2 years and only 3 site visits you think he is putting the price up?? Really. Two years ago phase 1 of the bidding process started with expectations of it closing early spring 2023 it seems to have never gone beyond this phase.

When Shg sold for £150 m , a far more desirable profitable mine it seemed ludicrous that peeps thought Cnr to be worth more and it still does to me.

I have exited here twice during this process for two reasons, number one better opportunities elsewhere and the likelyhood of buying lower. It has been fairly obvious that a sale was not close and still isn’t. Two years ago you hoped to have your cash by April last year let’s hope you get cash by April next year. Let’s see what happens with the Chinese offer. A deal will eventually come but I think the idea that Mellon is roughing out £1 plus is more than hopeful.

Good luck

Isle, robo has said he posted the question re the weather.

Castros retort was, it rains all year. Oct and Nov are the worst weather months. Brad also alluded that the first of the small raises was to get through negotiations yet the Feb rns stated exploration and had the more exhuberent posters expecting drilling long since. So my question would have been, what happened to the previous drilling cash?

They will spin things to suit. Worst weather in Colombia is sept oct! However when this little debate started drilling was going to start in oct. In reality it won’t start until mid nov at the earliest .

We are not really structured! lol. Got a young fella and couple of old guys from the old mine on half wages lol. So where the f has £1.7 m gone since end of jan?? Castro says another 1.5-2 m . Mm 1,7 m gone in 9 months with no drilling . £1.4 m raised has been around 25% dilution.

Having more land for free is ok however there’s 10 years of work with what we have. Cnr added extra concessions and it made no difference to the share price because you can only explore so much.

Going to be interesting month or two.

Sun, that is good to hear, after almost 2 years and 3 visits to have 2 in a fortnight. Mc gone for fortnight then. I was slightly confused that it remained at 3 when months ago another was stated imminent. Does infer deal isn’t imminent but does show decent interest . Looking forward to the pr being updated to 5 site visits.