OBM 1.35% 37.5¢ ora banda mining ltd

Ann: $11M Mt Ida Sale Complete, page-27

  1. 553 Posts.
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    OBM sold a tenament that could worth hundreds of millions of dollars for next to nothing and they are on the verge of bankruptcy again. Everyone is on the hunt for good Lithium tenaments in the country and yet you don't even know that there are historical Li drills in your jurisdiction? Who is going to take the responsibility for this?!

    There is no excuse for such oversight. You can mess up production, you can mess up ore blend or the sequence of the mine plan, but it's unacceptable if you don't know inside out the historical drilling results of your tenaments. I really hope that HP will take the necessary steps to find who is responsible for this gigantic mistake, because the management may have taken out a sizable amount of cash from their investors' pockets with this move.
    Last edited by csadeev: 30/09/21
 
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