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41.5¢ ora banda mining ltd

August 19 insto presentations, page-55

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CashedUpBogun

8,266 Posts.

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25/08/20

18:23

Post #: 46809300
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Originally posted by speculator101: ↑

Hi Lady,
my guess is they may be soon to release the reserves for Riverina U/G.
Which were exuded from the DFS.

As you say though, perhaps they will have more drill results to provide to the market.
As for the marketing in general, well... the company has been pretty quite compared to most gold stocks.
Perhaps this is starting to change now that Hawkes has everything it wants in a project (lots of equity, high gold price and soon to be a producer).
I do agree that OBM is a tasty morsel for acquirers, yet... Hawkes wants to hold (they have not sold out of CMM, and that stock is now valued at almost 3 times OBM, with no plant built yet (but it is a better project)).

Anyway, the margins on OBM just keep getting better by the day (assuming they get into production as planned of course).

Expand

spec, as per my earlier comments around the challenges of start ups - demand for skilled labour.
I reckon this time around it will be worse than 2008, the closed borders only make the issue worse.
I may need to come out of retirement and head back to site
(and no, Im not trying to scare ppl into selling their 2,631 OBM shares)

OBM Price at posting: 31.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 41.5¢		Change -0.020(4.60%)		Mkt cap ! $771.6M

Open	High	Low	Value	Volume
43.0¢	43.0¢	41.0¢	$988.7K	2.369M

Buyers (Bids)

No.	Vol.	Price($)
5	64803	41.5¢

Sellers (Offers)

Price($)	Vol.	No.
42.0¢	131024	10

View Market Depth

No.	Vol.	Price($)
5	64803	0.415
7	183939	0.410
6	28389	0.405
11	82749	0.400
2	12342	0.395

Price($)	Vol.	No.
0.420	131024	10
0.425	71685	7
0.430	25281	3
0.435	23763	5
0.440	135795	6

Last trade - 15.35pm 02/08/2024 (20 minute delay)

OBM (ASX) Chart