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Impecunious- you’re right about speed of drilling for GGP Haverion, but GGP also had their fair share of problems prior to newcrest. Plus, Newcrest speed and hurry on drilling was driven by their Tefler mine nearing its useful life, so they were keen to extend the life of Tefler operations though gold from Haverion.
Anyway, phase 2 here should see a huge increase in activity, and a significant uplift in OMI SP. significant means multibagger from here, not merely 4/5p rise.
Great day again today. More of the same this week pls. Charts looking good, fundamentals are solid, short term news expected in the next two weeks, and much more to come throughout September. Should exceed 20p by end of September, and perhaps more than double from here
Volume keeps increasing daily. Remember in the previous journey up we had in excess of 2000 trades, with significant £££ exchanging hangs daily. That’s where we will get to in the next couple of weeks.
Chicken - amazing how these results don’t get more attention. 60m at 10g/t, 24m at 17g/t, and whilst the 0.4m at 948g/t is tiny width, it shows gold is down there in abundance.
It should have never dropped that low in the first place. I kept buying at 9/10p a few months ago, convinced it would not drop further….it did! But honestly, never feared I’d make a loss here as there is plenty going on and OMI is in a strong position with plenty of cash and costs of Colombian drilling covered by majors. Entering phase 2 will be a huge huge catalyst for our share price.
Come on OMI, you’re way too undervalued given what’s on its way. Give us 15p minimum by end of week
Exciting weak ahead. I am actually looking forward to September, a month which I think will see this much higher than where we are now. Am hoping for a 1 or 2 bagger by end of September. I hope this finishes next week around mid teens
Let’s get to mid teens to 20p first Bhargav, then see if in due course we reach the highs of 40p
Nice to see a bhargav happy again. Miserable sod; whining for months ;)
12/13p by end of next week with this buying pressure.
Can anyone buy today? Max I’m allowed to buy is £500
This should be mid teens at a minimum. 100% upside within weeks in my view. Medium term way more than that. I’m quietly holding my holding here and no rush to sell at stupid prices like this
Games Chippy, games. Dog eat dog in the corporate world. There are no friends out there…..:)
Chippy - they didn’t turn down $85m for nothing, they turned down $25m for nothing.
Is this the beginning of the rally to get this above 25p and get those options exercised by September? Now that would be a good present for us all.
Future look fine Webbs. Knee jerk reaction yesterday. Ftse futures pretty much flat as we speak
Great news, and earlier than expected. Next few months will be active for OMI. Come on you Beauty, get above that crucial 25p before September.
Plus, there is no way they won’t get their options at 25p. This will be above 25 by august.
There is no satisfying some chickenlegs. It’s great news and it’s slowly moving towards a big rerate. Next few months will be great here.
Sellers out in force because there is literally no golf to be mined out there. But some here are desperate and while they ramp, the sell orders from them are being filled. Laughable