Hi Trader088if I was a gambler, I’d bet you they may have over...

Hi Trader088

if I was a gambler, I’d bet you they may have over 200,000 tonnes of Missouri material stockpiled at around 1.3 g/t and additionally over 400,000 lower grade stockpiled at around .8 g/t sourced from Riverina/Missouri

More than enough to blend with (50,000 tonnes per month) of high grade underground ore coming to surface at Riverina ahead of the development ores that may eventually come up from Sand King underground build that should be completed by Dec 2024.

lets assume OBM may producing gold at the rate of 100,000 pa by July 24, ramping up to 150,000 ounces pa by March 2025

gold price A$3500+ and ASIC ~ $1850

you don’t have to be a rocket scientist to work out OBM would be a money printing machine (don’t forget the tax losses))

this time next year … under my above assumptions … the company could be generating ~$250 million cash per year … debt free, upgraded operating plant … and off exploring like crazy for the next big find !

relate that then to current market capitalisation of ~$575 million

Outlook is shaping up to be rather sexy to me!