- Ora Banda Mining (OBM) is planning to ramp up production at its Davyhurst mines in FY22, after ending FY21 having produced 14,726 ounces gold
- The mining stock posted its June quarterly report on Wednesday, revealing it sold 10,665 ounces over Q4 at an average price of $2,352 per ounce
- It explained plant stability issues and lower than forecast grades affected production, but it aimed to produce 80,866 ounces in FY22
- Financially, OBM ended June with $24.22 million worth of cash in the bank and 857 ounces of unsold gold bullions
Read the Full Article on The Market Herald here
Ora Banda Mining (ASX:OBM) plans to ramp up production in FY22
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Last
$1.01 |
Change
0.030(3.06%) |
Mkt cap ! $1.908B | |||
| Open | High | Low | Value | Volume |
| 98.5¢ | $1.03 | 98.0¢ | $79.87M | 79.08M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99009 | $1.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.02 | 45000 | 1 |
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| Last trade - 16.10pm 19/09/2025 (20 minute delay) ? |
| OBM (ASX) Chart |