Member Info for Sharetrader123

Pduk look on the bright side at least it’s not dropping

Somethings up?

No ps I’m not joking as it’s not Graham’s fault and they need to have more meetings to thrash this out with the bond holders. Your rant about throwing other things into the ring was not what I commented on so please keep up.

Institutions not instructions

Must disagree Legalwolf. If Brad needs to raise funds in future for projects and needs institutional investment then image is everything. He’s not going to attract these instructions by looking like he’s just in the middle of building a dog kennel in his basement. I’m hoping he will now up his game.

Although this latest news is disappointing we must remember that it’s not Graham’s fault how the vote went. It’s now time for further meetings with the bond holders to thrash the issue out and I now look to Graham and the board to facilitate this.

Expru 2000 “ Share - there's only 1 bb poster agreeing with you - either give it up or take a flight out with a pot of paint n a brush n do a Changing Rooms on his basement : )“
This is not a popularity contest but if you check my earlier post where I likened Brads basement to that of Joseph Fritzl's then you will see that that had 10 recommendations and since then many posters including middleEastmoney’s well put together assessment today have alluded to the unprofessional background being unsuitable which it clearly was. Hopefully Brad will read these boards and up his game.

MIddlEastmoney spot on about Brad.

Dr He would would been better off spending the 10 grand on tarting up his basement.

Dr never mind the Sydney opera house as a background we should all chip in so brad can give his basement a makeover the scruffy sod.

Expru no excuses. I don’t fall for that 4am drivel as he is the CEO of a company and should prepare like a professional should don’t you think. Filming this in his grotty basement also pointed to someone that has put together an amateurish hurried performance . He really needs to up his game as he’s a liability at present.

Toledo There’s no defending Brad for that Webinar. Any CEO worth his salt would prepare properly. Perhaps he can present the next assay results webinar from a park bench somewhere at least the background would
be mire pleasing to the eye .

I must admit when we were heading for the forties I did think we would be nearer 3 times what the share price is now leading up to the assay results and given our position I thought that it was a reasonable assumption. Since then we have had a reality check via the Brad factor of keeping the drilling quiet for two weeks, a surprise placing which nobody saw coming and the most pitiful of director buys after a webinar that looked like it was filmed in filmed in Joseph Fritzl’s basement. We are left in a position whereby no foreseeable RNS is going to get the share price moving significantly again and it’s sad that we are now relying on good assays to move the price up again but this is not a guarantee and I think we will be waiting sometime and a few more drill results before this will start to fly. I still believe we are sitting on a very good asset that will come good but I think it’s realistic to assume it may take longer than we first anticipated.

Philke60 looks like there is a lot riding on these results. I just hope they are as good as anticipated.

Philke60 although placings are a necessary evil it doesn't apply to what has gone on here. We had funds already and nobody was going to turn off the lights before Christmas so to raise a placing when the share price was half of what it was two months ago is criminal as the dilution is now far greater. I can understand that OMI would like enough funds to last 2 years whilst the drilling progresses which would leave them in a stronger position but I’m sure they could have waited for a few weeks until the assay results hopefully would have raised the share price enough to again minimise the dilution. Heading towards Christmas the price will be lucky to reach the mid twenties and this will not change unless we get good assay results in January. This period of informing the market a fortnight late of the drilling result and a lacklustre RNS plus placing is the reason Brad deserves a dam good spanking this Christmas. Let’s hope he has learnt a lesson here and that some good assay results in January save the day.

Jimmyjesus you also forgot the topological survey which “lit up like a Christmas tree”which would be very apt now we are in the festive season.

Amanesia it’s more like realism than negativity. Some would have you believe that this would be 50p by Christmas and pounds by next year which is doubtful however omi is in a good position and could do extremely well for us investors but sometimes it is better to take a more balanced view.

Well put amanesia. Despite the hype as you say we have not proven anything of significance yet and the SP reflects where we currently sit. Talk of pounds per share is premature until the asset is more proven which will take more than 1 set of assay results. The SP should rise if the assays are good but full value will not be established for some time yet.

MP I stated ultimately prove the asset which is true. The assay results will go some way of proving what’s there but many more areas would need to be drilled before a full picture emerges.

Sorry Wilfie for calling you Willie.