Member Info for vicjain

Does seem despite the strong fundamentals shareholders are suffering big time with the way the sp just keeps falling. This is just beyond belief and we do need Brad to consider the very bad effect this is having on shareholders. I agree covid has clearly disrupted things and caused many delays, but this very poor sp performance does need to be addressed by Brad. The sp would suggest OMI is a basket case. It isn't but i have seen 'dog' shares perform better than OMI. The AGM is coming very soon and Brad has done virtually nothing for shareholders over the last several months. Rant over...come on Brad pull your finger out, this malaise has been going on for way too long.

A waiting game indeed, however things have progressed albeit very slowly but soon enough i think the sp will start the march back up and in a much stronger sustained way imo. It's been a very tough time to keep holding whilst the sp just keeps falling but we are way closer to many positives here imo so just a holding/top up situation now

Agree, with the AGM coming very soon etc, Brad will have to start thinking of shareholders and so hopefully we will finally get some positives due here after such a long protracted wait.

Human behaviour is such that with a falling sp people are reluctant to buy despite the big positive fundamentals but as soon as the sp starts to go back up, they will all jump in paying a higher price. The sp could start the move back up any time and no doubt many will miss out and have to pay a higher price. I also have been buying on the way down and with the sp at such a low level, the turn back up is imminent imo. Buy at the bottom for big rewards but it is pretty much always impossible to time the exact low point so better to get in when the price is oversold as it is presently. When the sp moves, it can move very quickly and erase weeks of losses in an instant.

With the move of drilling operation etc to Newmont/Agnico, Brad has focused on the Tin venture but news from there has also been lacking. Hopefully this will change very soon and news of other projects may also be close. With the AGM etc i am hoping things will start slotting into place and so boost the sp in a big way.

I would at least hope to get some other news about other projects OMI may be looking at in the mean time....this lack of news is killing the sp and I'm sure Brad is aware how bad sentiment is at this time...

Crazy low sp. Same old same old day after day with a constant drip down. Would be a nice change for a bit of positive news from Brad. Surely there must be some positives due now? A bit of positive unexpected news would really be welcome now

Thanks for the updates bhargav...really good to get this info...I would hope that when OMI do give periodic updates, they present them in a positive meaningful way for us long suffering shareholders. I'm sure the contents of such updates will be obviously positive to us either way. Looking forward to the sp finally getting some upwards traction after such a long decline.

Some snipets of positive news DrRemington. Good to hear. Not sure if the sp will go any lower or if this is pretty much the bottom. Either way i feel the sp is way oversold and any positive news will really move the sp up in a big way. That said i just did a top up and paid 11.4p.

It does make it more frustration when you can't average down and i have reluctantly had to sell other investments to average down however that has been a tough decision especially with the sp having fallen for so long. Every time i buy in, the sp has fallen so it has been a bitter pill as such. Either way it is a matter of time before things start going our way, however short or long that is. As i have indicated before selling out of GGP at 1p still haunts me hence why i will stay in OMI as the big rewards are just waiting for those that can last the distance.

I think we all have varying opinions as to the sp decline Impecunious2, positive PR definitely has been lacking from the BOD. There are always bigger things happening in the background that we will never know about but they all lead to a much higher sp going forward. So despite the very low sp and decline of the last few months, i have just been topping up as and when i can as at some point real value will be realised here.

I don't think the BOD have been selling Sotolo, they don't have a great deal of shares to sell with their relatively low holdings, and that's another story, however the sp has been on a continuous decline pretty much for several months and to me that is very strange with 2 big players on board. Many private investors have likely sold out even for a loss with this protracted drop. I still think there has been a concerted effort to get the sp down over the last few months. That said those holding, me included believe this will come good soon enough.

The BOD have been useless as regards any positive support for the sp sad to say. With such strong fundamentals it is so unbelievable to me that the sp is at this level. Never expected the sp to be so low with what we have. It does feel that there is a concerted effort by bigger powers to get the sp as low as possible it seems. Either way the sp will be much higher in due course. Why would Newmont and Agnico be here otherwise. So despite the obvious pain of seeing the sp at this very low level, i expect it to be way higher as things progress. We may go below 10p briefly however with the sp being so low already, i would say the present sp is pretty much at the bottom imo

Agree. Brad does need to start looking at ways to improve shareholder value as the sp has been decimated over the last few months. I would think many are in the red now with the sp at it's present price and sentiment is very poor. This was meant to be a news rich period and it has proved to be the complete opposite. We don't get dividends so all we can rely on is the shareprice going up to justify our investment. This will come good eventually but the journey there has been a very tough road to navigate

The sp has just been on a contual decline for such a long time now. The sp performance is akin to a share with nothing going for it. OMI clearly has many positives but i cannot understand why the sp is just dropping day after day to it's present stupidly low level. Does seem that it is destined to go below 10p sadly as it just feels bigger forces are happy to see the sp go as low as possible. Still got my eye on another top up in the next few days however low the sp goes. The sp has gone to level way below undervalued now imo

With hindsight we all would have sold higher up, me included, but we are where we are and the strategy is to dollar cost average as the saying goes imo. For me i will just keep trying to buy at these low levels as the sp will turn around and move back much higher imo. The lack of any positive news has really killed the sp but we know what we have here so it is just a matter of time however painfull it is seeing the sp in the red almost every day

Agree Chickenlegs, Sadly have to say Brad has been more than useless in terms of improving shareholder sentiment. The sp sadly demonstrates that. However the real positive to hold on to is 2 big players continuing with their investment here and due to take over the operations imminently. Big news will follow this so we just have to accept the way things are at this time. The present sp has gone beyond a bad joke. Just have to hold and top up when the opportunity arises. It is what it is as the saying goes.

The sp is pretty much in a dead zone and is just stuck at this low range. For how much longer is anyone's guess, however we have been stuck in this downward trend for way too long. We are way closer to big news than ever before i feel and positive news could come at anytime now. Whilst at these low levels it does make sense to top up as the sp will be way higher once big news starts rolling out. A waiting game for those that can stomach the present situation it would seem. I was caught out with selling GGP at 1p a few years ago and missed a life changing payday....not going to make that same mistake with OMI and so i have been topping up when i can as this will surely come good soon enough.

Everything points to big things in the coming weeks/months, just dumbfounded that people would be selling at these levels and the constant depressed sp. There is a massive disconnect between upcoming events and the present sp. But this is Aim and it works in a way i still cant seem to fathom out. It has been a very long and protracted downswing for the sp, however the upswing is ever closer. A touch of blue today with a wide spread. The MMs are still keeping the sp surpressed but not for much longer imo

I filtered Webbs ages ago due to amount of drivel he spouts...not worth listening to what he says as he changes his tune on a daily basis. The sp is at such a low level and i see there have been some big sells today. Either way better for those that want to sell to sell now imo. When a share seems almost dead, it can come back to life in a big way. OMI have way too many big things happening so this rot in the sp is almost done imo. Can see the sp shooting back up all of a sudden without warning once the tide turns.