@laverton
I think as at 30 June, the company had $102m net equity, taking away all development capitalisation of $58, leaving $44m, plus $11m asset sale, and minus additional cash outflow in September quarter saying $6m, that leaves $49m in cash, ore, and booked assets.
Cash wise, you are right plus $20m in inventory including ore and unsold gold, around $17m
Asset wise, the book value for the mill was $20m at 30 June. by looking at BDC's BFS and BC8's second-hand mill construction process, OBM's mill is easily worth $40m.
plus a bit of lithium hype, thus I bought today.
Ann: September 2021 Quarterly Activities and Cashflow Reports, page-37
-
- 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
56.5¢ |
Change
-0.015(2.59%) |
Mkt cap ! $1.051B | |||
| Open | High | Low | Value | Volume |
| 56.5¢ | 57.5¢ | 54.5¢ | $4.952M | 8.841M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 103991 | 56.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.5¢ | 87705 | 3 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| OBM (ASX) Chart |