Member Info for Veteran10

Some very big late trades showing. Wondering if they have issued the 500k shares to take ownership up to 50.1% in the project.

HL wouldn't quote for 1m. Had to do 500k to get a quote. Interesting

That's how I read it too.

2p for starters. They are 20% into the drilling now wondering if next week will be sample grades and a drilling progress update. Looking very nicely poised here.

That last bit does make me think a bigger player or institution is lined up to come on board.

Circular letter in on the website. 100 to 1 consolidation. Would be nice to have a proper ops update here

JV or takeover imo. Very interesting. Proving up what they have and cashing in

Takeover could be a real likely option here though with GGP nearby.

Pretty sure alot of those warrants have already been exercised. Over the last few months, I have seen 1m sales go through quite regularly. Anyway if the funds are used to take up 50% ownership or more, we will be way above the current sp. I wouldn't sit and wait personally, I would buy in and wait!

Looking very interesting here with all the big buys

Snippet from Zak Mir today -

Jangada

Bounced above a rising 200 day and 50 day moving average.

Top of the broadening triangle points to around 1.5 pence as the target while price stays above the 50 day line

Excellent volume today and some big buys. Quite a small increase in the grand scheme of things.

68 grab samples/assay results are due approx30 days from 2nz October -- so imminent. These had visible gold and sulphides.

Drilling started on 27th October. Updates on drilling they said would be provided as and when news is apparent throughout the 10 weeks.

Glad others are arriving and seeing the opportunity here. Let the rerate begin.

It's the lack of news which has seen this drift. Looks good for a 20% trade here and obviously alot mote with a big RNS.

I wonder if the fund management yean may launch a new trust? I was up over 100% here so have taken some profits to reduce my weighting.

If you want 2 drill rigs and almost certain high grade and gold resources, look at JAN. So off the radar it's untrue. OMI is a well run company though and I think they know they have something here. I would be disappointed if it isn't 30p by Christmas.

That would be a big sp driver. Grade results on the 69 samples are due next week. Matter of time before we head towards 2p.

Pictures on X, posted 29th October, show one of the rigs, I don't think they referenced there are 2 rigs in the RNS. Hopefully this means news sooner if and when they intersect something of interest. I am still amazed we are not closer to 2p than 1p.

Worth doing a Google on them and reading their recent news. They have had a very good start to their drilling near JAN'S project.