Member Info for Stocksandstuff

I bought 50k at 21p to add to my holding.

The fundamentals are simply staggering here.

Question has anyone got information or worked out how much revenue the mill can produce from

gold and silver at full capacity?

I do not think market appreciates just how much demand there needs to be to increase the placing the same day. Someone likes what they saw.

News next week will set this up perfectly and then into MRE.

Great video.

I wonder could the mill with the ability to produce gold straight away, will it catch investors out in a good way.

JV RNS?

I do not remember last time I saw an upscale of a placing on a fairly large raise to begin with.

Good to see.

2nd RNS upscaled placing, looks like they have a lot of demand which is great.

Will be around 20% of the placing by volume at close today which us huge. If you assume 50% conservatively of funds took up the placing then there is not much stock left.

Would not want to be out into newsflow.

Let the dust settle ignore the derampers and check back in soon.

I would imagine OMI are about to release some more news over next few weeks which will calm retail, I bet the new funds in today are more than happy to see this world class resource unfold.

I have collected my thoughts and actually think it was a very smart move to get these funds, presumably some large funds approached him quickly after the conference.

Could price be 10% higher? Sure, but they are now fully funded into 2027 with heavy newsflow into MRE.

100p price target 2026.

Sentiment this morning tells you some large funds have jumped in.

Newsflow over next few weeks will propel this again.

Come on the institutions own up who has taken the shares. Eric Sprott?

Just keep in mind that those who were in the last placing tripled their money and that is without all the good news we know now about the prospect.

Market makers not letting you buy at 18p on open tells you most of the shares went to large funds.

Sanguine I dont think you should take a one day spike to 28p and use it as a baseline.

It is near 52 week highs with no warrants, for example anyone that bought previous placing in March would have tripled their money so expect similar here, just remember Don Durretts comments.

I think it is obvious he got offers for cash after the conference. They raised £10million near 52 week highs with no warrants this time.

Down day today but look back soon and it will much higher, £200million mcap on the cards before year end I think.

Victoria a poster on LSE does not have inside information.

But OMi did not need cash in that regards but if a large fund offers you money at a good price then you take it is my thinking. Keep the newsflowing and price will continue to rerate.

Yes I kind of get the feeling some large funds wanted in, so eyes on holdings.

We know Q4 is a rich news period so back to towards 30p soon.

What are everyones thoughts?

Little disappointed by the timing but I dont think it is a bad price considering this was 12p a month ago so a 50% increase. Explains the drop following Dons comments.

To raise such a large amount near 52 week highs is impressive. Q4 newsflow will no doubt push price up again soon enough.

Now below price before Don mentioned and Sprott news.

Probably warrants holding it back, similar to last time it will ping up once clear.

Consolidating weak hands currently cannot be many left.

Q4 newsflow will be exciting.

I enjoyed it, low risk drills at this market cap.

You can see it now in a months time with gold at $4000, blinking RNS with the words exceptional drill results.