Ann: Trading Halt, page-9

A disappointing outcome, in the sense that OBM feels it requires more capital, versus using the debt facility they secured not so long ago, plus of course, feeling the $18m they had as of March 30, is not enough to ensure they achieve commercial production.

The price will likely be at $0.18, perhaps $20m.

It is a bitter sweet feeling, as I had to reduce my holding in the last few months, because, of the very issues OBM seems to have found itself in.
I still hold, and will be annoyed as the SP obviously falls to $0.18 or lower in the near term.

I don't feel there is any curse at Davyhurst, yet... it is amazing that we find ourselves in a similar situation, with all the work that was done to ensure that it did not happen.

I can only imagine Hawkes point is a little annoyed!