OBM has a capitalisation of ~ $185 million (at 11.5 cents, based on 1.61b shares)
Cash/gold of at least $30-40 million (with little/no debt)
Replacement value of assets (plant, energy, accommodation, reserves, resources) estimated by our OBM executive at ~ $560 million (34.7 cents per share)
First selective high grade underground development at Riverina now committed and funded that should materially increase (by ~50%+) head grades and lower costs by Nov 2023
AISC guidance A$1750, once production forecast of 100,000 ounces annually achieved (at current gold prices that’s $115 million per year profit!)
A second higher grade underground development is now being targeted at Missouri.
Ongoing deep drill program at least until end 2023
Over $300 million in accumulated tax losses
Proven, experienced, highly motivated, professional senior management team.
seriously …. What more could a good gold god possibly want when $A gold prices ultimately crack through the A$3,000 barrier??
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Last
93.5¢ |
Change
-0.020(2.09%) |
Mkt cap ! $1.744B |
Open | High | Low | Value | Volume |
94.0¢ | 94.3¢ | 89.0¢ | $6.046M | 6.567M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 24589 | 92.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
93.5¢ | 72806 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 24589 | 0.925 |
4 | 50221 | 0.920 |
3 | 58632 | 0.915 |
3 | 123748 | 0.910 |
2 | 22149 | 0.905 |
Price($) | Vol. | No. |
---|---|---|
0.935 | 72806 | 5 |
0.940 | 23654 | 2 |
0.945 | 23632 | 1 |
0.950 | 1336 | 1 |
0.955 | 95499 | 3 |
Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
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OBM (ASX) Chart |