OBM 4.44% 47.0¢ ora banda mining ltd

Wesfarmers soil sampling underway

  1. 1,661 Posts.
    lightbulb Created with Sketch. 1073
    I have it on good authority that the Wesfarmers soil sampling program is now underway.
    a total of 1100 square kilometres will be systematically sampled on 150 metres centres … and all this should all be completed within 9 months.
    Wesfarmers are assaying for lithium and most other metals and OBM will be paying for the cost of the gold assays.

    This program is likely to prove a most exciting initiative as many prospective areas will be analysed for the first time under a contemporary microscope..
    By the time these results are known, a second decline at Sand King should have been developed and the company will enjoy a robust cashflow to drill test.

    Shareholders are most fortunate to have such a leveraged growth outlook without management needing to explore risky corporate manoeuvres.
    Last edited by Ladytradr: 25/04/24
 
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