Bigger is usually better, but not always.
Remember OBM will be sourcing from underground and each decline is probably rate limited at ~600,000 tpa.
The profitability derived from an efficient high grade medium life mine into a fully utilised plant is very special… 150,000 to 200,000 ounces pa x by a margin exceeding $1600 is a money machine … and at that point in time sounder growth in share price may come from share buy backs.etc
I also think the regional exploration will throw up numerous large stand alone possibilities for a new purpose built facility … but let’s worry about that in 3 years time
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Last
76.5¢ |
Change
0.040(5.52%) |
Mkt cap ! $1.427B |
Open | High | Low | Value | Volume |
74.0¢ | 77.5¢ | 74.0¢ | $4.869M | 6.411M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 28008 | 76.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
77.5¢ | 40904 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 28008 | 0.765 |
5 | 103806 | 0.760 |
2 | 81445 | 0.755 |
4 | 72851 | 0.750 |
4 | 35815 | 0.745 |
Price($) | Vol. | No. |
---|---|---|
0.775 | 40904 | 1 |
0.780 | 48773 | 3 |
0.785 | 40904 | 1 |
0.800 | 10000 | 2 |
0.805 | 9185 | 1 |
Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
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