Markiriks,
Your story from inside the Taj Mahal on Kings Park Road is of interest.
I heard 18 months ago Hawkes Point would not be contributing any more money,they had their fill and at current prices are booking a large loss.
Bank facility perhaps OBM failed DD?
Incidentally there was no mention of unused finance facility in the March quarterly cash flow,mistake or non disclosure
Directors have very little skin in the game and the show will roll on,Missouri not the full cut back (as per the DFS) but a quick (low cash input) to get some ore from one of the hardest open pits in the Goldfields to try and fill some major cracks (cash that is!!)
Low interest rates will allow OBM(and others) to survive as there will always be greedy people looking for quick money in the big casino(ASX)
I will think about the issue to shareholders at 17 cents and my uptake,not sure of the level of interest by institutions ,the jury is out on that one
Easy to be a pessimist but the Davyhurst curse is maybe revisiting us
Ora Banda Mining (ASX:OBM) set to undertake $21M placement, page-20
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OBM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
42.5¢ |
Change
0.035(8.97%) |
Mkt cap ! $789.4M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 43.8¢ | 40.5¢ | $4.676M | 11.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25555 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 109998 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| OBM (ASX) Chart |