resident deramper19 Dec 2018 07:53
I see our resident deramper is up early clutching at straws. Newmont bought into OMI for good reason. They have bought several other companies in close proximity so it is part of a biggar plan for Newmont. Newmont have specified OMI as a plus part of their strategy. They also need to find new gold, as i understand, due to a decline in other araes in their business. If Newmont don't move things forward, no doubt some other big company will take advantage. Either way the future is looking very strong for OMI and the sp is due a big re rate into many multiples of the present sp.