OBM 8.97% 42.5¢ ora banda mining ltd

What will they do with all the free cashflow, page-10

  1. 807 Posts.
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    free cash flow of A$175 million over a 5.2-year mine life using a A$2,100/oz gold price.

    Company Valued at 206mil. At the current price a shareholder is paying 206mil to get 175 mil of gold and dont forget the big rehab cost when then gold is all mined out..

    better off buying gold bars instead...
 
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