Member Info for Sharetrader123

Leemat only one long term holder has been on the same quest slating Brad and the board using the same language. The same long termer is also is fond of the term mugs. Game over Bhargav you've been rumbled.

John

I'm calling him out. He is fooling no one.

Leemat the game is up. The account you are using has only been recently created and the way you slate Brad and the board means that you are clearly a disgruntled long term holder and its clear to a few of us which one it is. I wonder if your opinions will blow in the wind and go the other way once our recovery is complete?

Hi Sotolo, I always have respect for the comments of long term holders but I like to balance their views because they can become somewhat skewed as they tend to look at things through the lens of their own personal predicament and in your case it's through the lens of someone who is nursing a six figure loss and buying in as high as £2. The fact you are lamenting about a time when gold was dropping whilst the Uruguay costs were increasing harps back to a time albeit a good history lesson, which has no real bearing on current events considering Uruguay is more or less off the books and gold is at all time highs. There is always the possibility that your present thinking and judgements are influenced from the perspective of having a large loss tied up since at least 2005. I therefore respectfully take your comments on board but in the context of reflecting your own personal situation.

Leemat what fantasy world are you living in. Blaming Brad for not having a breakout every 2 to 3 months is not only unfair but how on earth are you supposed to do that when we were placed under care and maintenance with no say in the matter.

As for the statement of this not seeing 12p then it shows how little you know about the History of how quick this share rises. Even from our current lowly share price position, this can get to 12p in a blink of an eye with positive news. Having the keys handed back and the announcement of drilling operations underway would be enough for the SP to get to double figures quite quickly. A few good drill results from Pepas would propell the share price into new highs very quickly. I don't know what game you are trying to play here because you slate OMI on here yet brag it up on the HE1 forum whilst slating HE1.

Leemat what fantasy world are you living in. Blaming Brad for not having a breakout every 2 to 3 months is not only unfair but how on earth are you supposed to do that when we were placed under care and maintenance with no say in the matter.

As for the statement of this not seeing 12p then it shows how little you know about the History of how quick this share rises. Even from our current lowly share price position, this can get to 12p in a blink of an eye with positive news. Having the keys handed back and the announcement of drilling operations underway would be enough for the SP to get to double figures quite quickly. A few good drill results from Pepas would propellers the share price into new highs very quickly. I don't know what game you are trying to play here because you slate OMI on here yet brag it up on the HE1 forum whilst slating HE1.

Karl wrote "

10-15-20p is a no brainer here on a 6-12 month view imho"

It might be hard for some new investors to envisage this from where we are now but any long termers will remember that when this goes on a run then these levels can be easily achieved in a very short time. The timescale to achieve these levels is certainly in line with your prediction as the amount of news required for this would only require for us to have the keys back, start drilling and have a few good initial results from Pepas which is more than achievable in the timescales you quote.

Leemat you are obviously not a long term holder otherwise you would not be making comments like that. Strange thing is that you were posting recently on the HE1 site stating how good OmI was. Keep taking the medication.

Gold flying 2415. Latest OMI tweet.

https://x.com/OrosurM/status/1778689859777081566?t=vwd2KXwbA0yj0lX87lgSaQ&s=35

I just think (me included) that our frustrations towards Brad have been a little unfair given his predicament. I now finally realise that we may have had totally unrealistic expectations of his ability to influence the partners as well as the SP and even when he was screaming at the partners when they were digging in the wrong direction, he was totally ignored which no doubt frustrated him but shows the extent to which he was being frozen out. Our bitterness through frustration towards Brad and the board has increased greatly in line with a dwindling SP which is understandable given our lowly mcap. It's only now however that we can start totally judging the board given that they now have or soon to have 100% control back. There is now no hiding place for the board as they will be totally accountable for their future actions so we will now see how this new era pans out and how astute they really are so it's over to you now Brad........

I can easily see 7p and beyond this year. We have all forgotten how quick this moves and can multibag in the blink of an eye. I also think previous spike rises happened on a frenzy of excitement rather than solid foundations. By having the asset back we are free to release news without having to go cap in hand to partners and having the asset back will give us the stability to call the shots for the first time rather than being railroaded into positions that have harmed the SP. Having the asset back with give the stability we have not had and we can build a more solid platform so the SP should be more stable and build gradually rather than the spikes and drops of the past. I also think that current levels in no way reflect our worth so there is definitely room to grow to realise this potential. I will stick my neck out and say again that we will hit double figures easily this year and hit that level quicker than most of us think. I also think we will sustain these new highs for the reason given above.

Impecunious2, I agree that 6 percent does seem like an excessive amount. The RNS stated that Turner Pope were joint company brokers on this so how much did our other joint company brokers SP Angel get ?

FFS Mapp, give it a rest or stick to OMI.

Jackbal, I'm not suggesting the rhymes are hurting anyone but they add nothing to the debate and are all in a similar vein.

Mapp

Do you ever contribute to these debates? These nonsensical rhymes are irritating.

Enough of all this bitcoin talk as this is after all an OMI site.

The federal reserve in America is predicted to make several interest rates cuts next year which will have a very positive affect on the gold price. As the forecast is for interest rates to keep falling next year and beyond then the gold price will go on a sustained run and we will see a long overdue confidence return to the junior mining sector. We now have a balanced portfolio of projects that can be progressed at a sustainable pace and if we can get a good result with the JV then we might just be coming good as the whole junior market is in rapid recovery. I'm confident we have ridden out the worst times and look forward to next year to ride the recovery.

Kylie

I feel your frustrations however one must give credit to the remarkable effort and skill displayed by Graham given the precarious position the company was in when he took over the reins. Although timescales have not kept up with your personal expectations does not mean that things won't work out in the end.

If you look at this strategically then Morocco is desperate for energy and we will soon be at first gas /LNG. We also own the trench that is expandable and the only route in the area to get pipeline gas into the European gas network. We are at the point of being within real touching distance of success and in my opinion we are now more likely to succeed rather than fail. The rest will look after itself even if the timescales take longer than expected.

Breaktwister although I initially fully agreed with your view regarding Nigeria and on the surface it would indeed indicate that Brad knows something really positive that he has yet to announce. However, these things may not be related as the Nigeria negotiations have most probably been taking place for the past year prior to us reaching the stalemate on our Anza JV when the outlook was far more positive. Perhaps Brad is growing our portfolio for one of the following 3 reasons:

1 To make us appear like a bigger company with more investable prospects.

2 Having more activity to report to deflect from the stalemate in Colombia.

3 If Anza is bought out entirely then he has other projects to play with that might still yield the motherload.

Or perhaps he may unleash a completely different scenario bombshell that none of us expect.

Breaktwister, Brad also stated in the Webinar when was pressed on the JV that "we were closer to the end than the beginning" which would indicate that no resolution was imminent especially when considering the lengthy time period of negotiations it has already taken to get to this point.

Kylie regarding your comments on the pipeline,you must also factor in that due to the trench width then there is clearly room for more pipeline capacity when future expansion is required. We must also remember that there is a real possibility that any future discoveries along the pipelines length will result in other companies needing to use the trench in order to get their gas into the grid system which could be very lucrative in monetary terms. Given the Moroccan government's hunger to expand gas production then holding the only route to the grid is extremely strategic to these expansion plans. Regarding your frustration with funding then as you might appreciate these things tend to be complex and due diligence takes time but regarding Graham's competence in this area please remember that when the company was staring at oblivion, Graham was savvy enough to resolve the bondholder issue and the tax demand when these issues had the capacity to make us insolvent. So let's give Graham the benefit of the doubt as he surely deserves some credit here.