The targeted AISC for OBM has been estimated previously at $1650 to $1750 (once steady state production from underground mining)
the future margin at current gold prices must now be ~$1700 an ounce
150,000 ounces x $1700 = $255 million potential annualised cashflow
current market capitalisation is $516 million
So … It is very easy to see how these things can really ramp up on successful execution of the second underground and continued strength in gold prices
The right place … at the right time, page-3
Add OBM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
34.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $631.5M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.5¢ | 34.0¢ | $166.3K | 488.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 227688 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 13994 | 2 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| OBM (ASX) Chart |