I love the comment from OBM management that the lithium occurrences at Mt Ida have been historical categorised as ‘predominantly’ lepidolite.
That was a description probably given by a geologist logging core or in some field notes.
In today’s world, where is the JORC compliant evidence for this new important gem of information?
It seems to me a reckless statement in 2021 without giving us any evidence of past metallurgical study and/or assaying (or even a quick XRF analysis).
As pointed out on other forums, all the other well know lithium deposits have suites of mineralisation that will include more/less of some lepidolite.
One minute OBM suggests Mt Ida lithium value questionable, as mineralisation most likely uneconomic because it’s predominantly lepidolite … and then the next minute they say, but HOLD ON … as we may have lots more of this nice white stuff that we have never bothered to properly analyse before.
My broker is betting pretty heavily now that a new high grade lithium province may emerge from that geological trend south of Mt Ida … and OBM may just get caught up in it purely by ars.. and certainly not by any class!
- Forums
- ASX - By Stock
- OBM
- Talk about ars.. covering
OBM
ora banda mining ltd
Add to My Watchlist
3.06%
!
$1.01

Talk about ars.. covering
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
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. |
---|---|---|
$1.02 | 45000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 99009 | 1.010 |
6 | 190994 | 1.000 |
2 | 45092 | 0.995 |
2 | 1572 | 0.990 |
2 | 12500 | 0.980 |
Price($) | Vol. | No. |
---|---|---|
1.020 | 5000 | 1 |
1.030 | 20854 | 3 |
1.035 | 27000 | 2 |
1.040 | 3000 | 1 |
1.050 | 47537 | 5 |
Last trade - 16.10pm 19/09/2025 (20 minute delay) ? |
Featured News
OBM (ASX) Chart |