Member Info for zapsnap

I've been here since 20p days.

This is great news. Really confident that this will get signed.

Crucial takeaway - there is plenty of cash in the bank & there is no imminent dilution.

Cmet is not leaky.

Pic12 - I agree, a fair valuation today is 1 £20million mcap. we have derisked considerably over the last 3-4 years.

£20million = around 10p.

we are considerably undervalued.

when the bulk sample is processed and offtake complete, this will be £100 million . no doubt in my mind

I hope we can keep this all civilised moving forward. This has been one of the best boards on LSE. Completely appreciate it can be difficult to tolerate when individual(s) are continuously sending overly negative or positive messages all day- depending on your own view.

Bhargav has been one of the most valuable contributors over the years and I think he does deserve some respect. I dont always agree with him and there was a period last year where he was was quite negative - not great to hear when one is invested with an amount one cannot afford to lose. However he is entitled to his views and he may feel that he needs to keep posting to cancel out what he sees over optimism. I am not defending him or justifying his approach. I have a neutral view on OMI - i think the share price will all depend on when the next dilution takes place - we have money in the bank but we will need more at some point. I just cant afford to have too many shares in this - i already know what it feels like when it hits 2p!

But there is nothing to discuss at the moment until the signing of contract which i genuinely think it will. GLA.

I have been here for 5 years - the CEO has not put a foot wrong. He is astute and knows what he is doing - Unlike many CEO of AIM companies.

Just wait till the herd come.

I have an interest of 100,000 shares (small, I know - but i sold out 400000 recently). I have 2 comments to make about the RNS for whatever its worth:

1. The cash position is healthy and ironically this annoyed me as we did that ridiculous placing for peanuts- no need for it. I am sure we would be closer to 7-8p if we did not have it. If Brad was invested heavily, he would not have done it.

2. The delay (because it is a delay) was expected. In the interview he insinuated should be done by end April. Drilling in May. He did say that this could slip ...... so then why say should be done end of April. I appreciate that he is just "trying to be helpful" but he has told us too many porkies in the past. if he was ever sure about anything, he would have put his money where his mouth is.

The point here is that there is a rocky ride ahead. hold on to your hats. This will come good but nothing that comes out of Brad's mouth related to operations is worth anything. He might be an amazing geologist. i dont know. I sold out because i knew timelines would slip. My guess is that we will drill in July after signing end June. pure guess. GLA. great LTH who deserve the best.

I am not too fussed about the strategic investor. £2.5 million at 5p is too cheap. Unless they are a dragon and can accelerate us to production and partners.

I have reduced my holdings from 500,000 (which i have held for 6 years?) to 100,000 over the last few days. I cant take this anymore! i dont trust Brad.

Watch this rocket now!!!!!

GLA - I still think this will come out good. i am sure i will regret it.

How many do you have now?

I am sure within the 60 days we will know whether an agreement is likely to be concluded (worst cast scenario).

When you look at the resource and the willingness of the authorities to support, i think this is an amazing risk reward scenario. Nothing is ever guaranteed anywhere. this was 20p and had a mcap of £20million and we are much further down the line. GLA>

"Discussions have continued positively with LB Group in parallel with Sheffield, albeit more slowly than the Company would have liked. The Board considered it was in the best interests of all stakeholders to entertain an alternative offer of funding which could either be complementary to a transaction with LB Group or stand on its own. LB Group has therefore been offered co-exclusivity with Sheffield for 60 days to conclude a funding transaction with the Company substantially on the same terms as the Memorandum of Understanding announced on 9 May 2023 ("MoU")

Come on lets break 5p. onwards and upwards after that!!!

Its incredible that we are still only £10 million mcap. Really?

£20 million mcap = 10p

we should be there now!

Less than 4 weeks to go and then BOOM!!!

countdown has started

The herd have not yet arrived. When they do......

it takes v little to move this. Lots of shares in sticky hands. GLA.

Hi Impecunious,

I agree with "by extricating us from the jv on the best possible terms" - when he delivers on this - i am sure he will but not sure when this will be done. My issue is that his messaging (and appreciate covid and jv restrictions) around timelines have been so off the mark. I would suggest that he knew this and that is the v reason why he did not buy in. Even now he has just a placing on rubbish terms - why would he do that if he knows we are going to drill in May. Any fool knows that even on speculation, he could get a better price.

i will leave it that. I dont want to post anymore -Its not in my interest for this to stagnate. We have amazing LTH and i wish them all well. I believe the resource is massive and this will be huge. just a bit cautious - Brad needs to do much more to win me over. GLA

If I was new in Omi, I would be optimistic for sure.

Having been here for quite some time and based on what has happened previously, I would say my opinions are more realistic than pessimistic.

I agree with Bhargav - we are not being taken seriously. And to be fair - i am taking everything with a pinch of salt. I wont believe anything until things get signed - i have been here for 5 years plus, like many LTH.

if peeps think going from 2p to 4p is being taken seriously, then i am unsure they realise the potential here.

Once it gets signed we will be north of 9p. No one (very few) trust Brad and thats why we cant even penetrate 5p.

I have no idea what will happen next, could hit 3.5p or it could boom. but one thing is for sure - Brad has never delivered any news on time - That is a fact!