But why would HP dilute the strategic value of their holding??
they won’t … when/if they sell .. they will want to sell the lot at a fancy strategic price
in 12 months time OBM should be producing 150,000 plus ounces of gold at a margin of ~A$2000 (based on $A3700)
= $300 million cashflow pa
+ over $300 million in Tax losses
at $1.5 billion … OBM would therefore be trading on 5x prospective cashflows
show me another junior/mid tier gold producer with no debt that is valued on that metric please.
The Billion $ Club, page-38
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Last
87.8¢ |
Change
-0.013(1.40%) |
Mkt cap ! $1.632B | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 89.0¢ | 86.0¢ | $4.799M | 5.460M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 117421 | 87.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 702 | 7 |
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| Last trade - 14.22pm 05/11/2024 (20 minute delay) ? |
| OBM (ASX) Chart |