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It looks like the Annaburroo Dome has nothing to do with Panther and that is where the excellent results were. But, it is very near to Donkey Hill which is Panther. So it is a very positive half glass full tweet!
However, I am interested in buying in here.
Doesn’t look like they have much cash though ....
Anyone who is a Panther follower have any info on that?
If cash is low, then surely another discounted placing will come? Any advice and help welcome.
Thanks

And just as I wrote that the shares went up 11% in the last few hours in Canada! Maybe there is some good news on the way!!

150 million Canadian Dollars.
They are listed there and in U.K.
God we need a good RNS here, has been a boring wait. I think there is a lot of Gold there and a lot of fieldwork and leg work to put in.
They have boat loads of cash in the bank.
I am sure it will be worth the wait.

Yes but this is how money is raised by most companies on AIM. Someone participates in a placing, and gets some warrants on the side.
These shares, and it’s not very many, can only be traded from Monday anyway. And they may or may not be traded in the coming weeks....
And if they were, we would hardly notice.
And this shows yet more confidence in the story here, that these warrant holders are writing cheques to Alba!

Yes great news, more cash in the bank.
If and only if the holders of these new shares decided to top slice and be in for zero cost for example, that would equate to a very small number of shares coming to market. Far less than the average number that are bought per day. It’s not an issue!

Up 33.8% today and rising!!

Yup, a company doesn’t voluntarily kill off a ready source of funding unless they are pretty confident about the months ahead!!
Very sensible move by the BOD.
We don’t want expensive cash or cash with strings attached.
Great news!!

Excellent summary Dickie.
Makes total sense.
Interesting to hear that GGP were fumbling about for years before they found their focus and nailed it.
As you say, lets hope UFO are at the same point where it all comes together and off we go!!
Certainly looks like a great story in the making and I have recently doubled up on my shareholding in UFO as this looks like a keeper.

There are some very helpful maps of the Pilbara Paterson area on some of the companies websites that are invested in the region. I am not interested in the very big mining companies. I am aiming at sub £100 million where we can see a potential multiple increase in market cap in the future.
So, I invested in:
Artemis
Sipa
Thor
Wishbone (that was luck though as I was in here before they entered Pilbara)
Antipa
Carawine
And I am trying to get into Strickland. But I can’t get it into my isa or so ii is telling me.
Buy all of the above and I think you are in with a good shout of landing a big uplift.
GGP is amazing. I am not invested. So, is there another Havieron or Telfer out there waiting to be found in the Pilbara?
Buy all the above and I reckon you have it covered.
There is a useful map of the GGP website, you will find it if you have a good look.
Good luck.

Bluejays market cap is £80 million.
Albas is £25 million.
So for us to get to the same market cap as Bluejay it will take an increase of 2.2 not 20 times.
I wish you were right on that!
I would take 2.2 though.
Slowly slowly.
If no news the price will likely trickle down now for a few days or week and then spike on the next RNS. GLA

In my experience it takes weeks or longer for the labs to process the cores from the drilling.
I would say we will get some more drilling related news at the end of the month.
The unknown question is whether we will see the results published in more than one tranche.
Some mining companies seem to produce the results from individual sections or drill holes and produce these in waves of news.
Others, in bigger chunks of info and it takes a long time. As we have been told the drilling is running until the end of October. So, your guess is as good as mine:)
Don’t hold your breath.

I agree! This is definitely exciting.
The option to acquire runs for 45 days.
So, we have 41 days left, and in that time presumably we will have a very positive RNS that the deal is finalised and the potential looks great.
That should add 25% to the share price that day and then onwards and upwards.
I have bought into all the small cap gold mining stocks surrounding Telfer and Havieron. Most are listed in Australia, but here we have (along with Thor) a U.K. listed beauty with a slice of the action.
One of these companies is likely to have another GGP discovery.....surely!? Would be astounding if the GGP discovery was the only one of its kind in the whole Pilbara region. Fingers crossed it’s Wishbone sitting on a big one! If not, covering all bases including Thor is a good idea!

Sounds pretty damn good!
How can this be anything but a share that goes up considerably from here!?
Sounds like the real deal!! Good luck everybody

I understand your question.
Most RNS news sees a bump and then a drop.
But, the news here is massive.
I hold 35 mining stocks on Aim.
I think I probably believe in OMI more than any other right now.
Good luck

Yes Doc Holliday is a @@@@ wit.
And the board of Directors should hang their heads in shame for not getting that RNS out before trading started today.
The understandable panic could have been blown off with more speed and more care from the CEO.
I had been in this share for some time, posted positively, bought 3 x and sold at a big loss when the market opened today.
Those who had more balls than me, congrats.
But many of us didn’t and the CEO could have done a lot more. Poor. Very poor.
I spent 2 hours in the middle of the night researching the Singapore deal and the companies involved too. I couldn’t sleep because of this ****.
That deal is not guaranteed at all. Good luck to those who stick with these, but I have lost faith.
Stuck more money today in OMI. At least that’s a serious set up.

Some chunky buys end of the day yesterday and I am sure more people will pick up more cheap shares today at this artificially low price after the outrageous market manipulation attempt yesterday by Doc whoever he is. GLA

Yes me too, I have held and held and bought more.
Only yesterday I was questioning myself and considering selling at a big loss.
But I believe in this company, and today phew, very pleased I hung on!!!

MAJwand that is eloquently and succinctly put.
Excellent summary.
I have to say, I just don’t understand why people post on the boards of shares they do not own. What a waste of time. Anyway that won’t change.
What will change is the market cap of Conroy Gold and as you rightly point out it really could go north big time.
Apologies for using the phrase multibag. I had never heard the phrase until viewing these chat boards....

Good thought munchbox
There is definitely a moment when that would make sense, for the big players to buy out OMIs interest in the project.
However, I think that by the time we get there the market cap of OMI could be way too big to make that worthwhile for them. They have their big chunk of the project now and I think they will just keep focused on getting the gold out of the ground.
If anyone has any prior experience or knowledge of a JV that did lead to the larger partner buying out the smaller partner please share!?

Let’s hope we are both right!
Fingers crossed and as you say, GLA.