Member Info for Sharetrader123

Sundance of course Graham walks on water. Look at what he was left with and against the odds he has steered us to a position where we have a great chance for success. The Tax issue was not Graham's fault but in my opinion the authorities are highly unlikely to be over zealous in their judgements given the message that would send out to other companies willing to invest in Morocco. There is not a lot that Graham has done wrong since taking over the reins and his track record would indicate that he is more than capable of completing the job.

Sotolo although a 650% rise seems a long way off, don't forget this share can easily double in a day due to our low MCAP so a sustained rise over a few months would easily achieve this.

Hopefully this will keep building as Graham aligns more of his magic ducks.

Keep also remember that the 120klm trench that the pipe sits in could accommodate a few more pipelines if further expansion is required.

Yes he tends to do that. He can't resist a free lunch for sure

Perhaps I'll buy Malky lunch and he can explain how it works over the 3 courses

The 50p per trillion estimate is not SOU specific and has been applied to many companies sitting on such reserves.

The 50p per trillion estimate is from Malky. Before you start rolling on the floor Malky has used this estimate for years and has has frequently used it in blogs both written an filmed and this has never been challenged. I have also seen other commentators use this yardstick so there must be some basis as a general assumption.
I'm not really interested in what people think we might or might not be presently worth. I'm just looking forward as our situation improves and the SP begins to reflect this.

PS I have to disagree. The rule of thumb is that for every trillion cubic foot of gas roughly adds 50p to the share price so we would not need the full trillion to achieve 30p. As I have previously stated it is a pointless exercise trying to work out a current valuation as there are too many changing variables in play. What I do know however is that the SP will carry on increasing as more of the magic ducks line up.

I'm sure even the most sceptical posters can agree that Graham and the board are well on their way of transforming our fortunes. It's pointless speculating what the company is worth at present because the situation is still developing and there are too many factors in play to even get close to an accurate figure. What I do like and have faith in is that the board clearly have a plan that is coming together piece by piece. As more of these pieces fall into place then the SP will reflect this and some investors now have a realistic chance of getting something back which looked less likely 2 years ago.

Pimp you must remember that SOU has secured permission for a 50 mtr wide corridor for the whole 120 kilometer length of the pipeline. I'm sure that several pipelines could be accommodated in this space so it's also future proof if expansion is required.

Sundance thanks for your concern. My faith in Graham is as strong as ever and we are still making progress as the final set of ducks are aligning nicely. I have resigned myself to the fact that the journey would take a bit longer than envisaged but the fundamentals get stronger by the day. The fact we have the capacity to supply the European grid at a time when Europe is desperate for alternative supplies could the the icing on our cake. The Manta of "in Graham we trust" has endured testing times but he has now proven to me that he has more than deserved the faith that some of us have always had in him. There are interesting times ahead so strap yourselves in and enjoy the rest of the ride. The Share price will take care of itself.

Pebsi of course there are merits investing in Aim companies long term. I do agree that they do tend to go up and down by some eye watering amounts but if you specifically take OMI then it's well worth a long term investment due to its low MCAP, balanced portfolio in metals and also the potential for some much needed stability when the institutions start investing. There are no guarantees but given our position we have a better chance of growth from here compared to other juniors out there in my opinion.

Well put value. I'm as frustrated as the next man and miffed with Brad who I now view as a bit of a clown but have always maintained that we will come good despite Brad and not because of him. The indicators have now made me realise that we will come good but the timescale will be longer than I first envisaged. This will end up making a lot of money for those with the patience to stay with the journey.

Mr digit it's not a distortion of the truth at all so stop it with the semantics. He did state that old chestnut and told us not to expect him to hoover up all the shares so no distortion there. Either way it was unprofessional of Brad to answer in that manner as his flippant attitude did nothing the promote confidence for present investors or for the wider market. He should be rightly criticized when taking into consideration his wide audience and you are now seeing the reaction today on how his performance has been perceived.

The SP will drift down possibly into single figures as there is nothing imminent to be announced that will stop this trend. It's bad enough having to endure a bland RNS when we were anticipating more but I didn't like Brad's whole attitude to the question of buying shares stating that old chestnut and then telling us don't expect him to hoover the shares up. He was totally unprofessional how he conducted himself on that one and it certainly did nothing to add any confidence for those presently invested or the market in general.

Biker just because someone ramps a company does not mean they are not worth listening to.
There are several long termers on OMI who have the long term experience and have taken the time to do some very detailed research as well as enguage fully with the board. You can dismiss the facts they post if you wish but you would be foolish to do so when some of these posters are publishing facts based on hard evidence and first hand contact with the OMI board members.

Interesting view biker. It has been a traders dream thus far due to circumstances but that is about to change. The portfolio is in place now and the foundations here are now far stronger compared to previously so we are entering a new era with PR improving. In my opinion this share will now become more stable especially when we start attracting the institutional investors. So to answer your question then yes I'm an investor here and have not traded any but I'm also aware of other investors that have done exactly the same.

Trouble is nookie the price might have doubled by then.

Junior miner Orosur Mining visiting the pategonia area looking for projects. A JV might be on the cards.