Hey Bullish,
Was the conversation with Pete worth your time?
Is he taking turns in the trucks to make sure the plant is fed?
No way to deny I am dissapointed with OBM. I know its attempting to claw itself out of a very large hole and with POG sitting just above $2550 AUD, it needs at the least break even to show the market that its still a going concern (the quarterly Dec Q implies this quarter will see a small loss).
This all reminds me of MOY, except, it did not have a major shareholder that has been through this all before.
I believe the plant cannot really process much higher than its current capacity. The main impediment, is grade, and to date, the deposits are showing that they are not yet meeting the DFS. The POG is giving them wiggle room for now.
Almost hard to believe the market cap is more than 50% less than say, BCN, who produce only 25-27k p.a!!!
Though to be fair, BCN have proven they can make money.
Surely, with the right personal, Davyhurst would be profitable... I wonder if GMD will take a look... their board seem to walk on water.
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Last
54.5¢ |
Change
0.025(4.81%) |
Mkt cap ! $990.9M |
Open | High | Low | Value | Volume |
54.0¢ | 55.0¢ | 52.8¢ | $2.203M | 4.102M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 17856 | 54.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
55.0¢ | 486205 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 36285 | 0.545 |
22 | 196274 | 0.540 |
15 | 132581 | 0.535 |
9 | 145954 | 0.530 |
5 | 416067 | 0.525 |
Price($) | Vol. | No. |
---|---|---|
0.550 | 458105 | 16 |
0.555 | 138369 | 8 |
0.560 | 125388 | 9 |
0.565 | 12050 | 1 |
0.570 | 104797 | 6 |
Last trade - 12.40pm 26/08/2024 (20 minute delay) ? |
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