OBM is one of Niv Dagan's top picks.
Ora Banda brought the previously producing Davyhurst Project back into production after completing remedial work programs in late January.“OBM have received some high-grade intersections like 5m at 30.7g/t and 1m at 13.7g/t and are starting to generate cashflows from production,” Dagan says.“Last quarter they generated over $42 million from their gold production – they are not yet cash flow positive, but we are expecting they will be in the next 6-9 months subject to the gold price and as they lift their production,” he says.
https://unauthorised investment advice/experts/moneytalks-gold-price-could-hit-as-high-as-us2000-oz-amid-geopolitical-tensions-here-are-4-stocks-to-watch/
Niv is one of the most cunning and well-tuned investors in Australia when it comes to identifying an undervalued opportunity.
Great to see he's got OBM as one of his top picks!
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Last
57.8¢ |
Change
-0.008(1.28%) |
Mkt cap ! $1.075B |
Open | High | Low | Value | Volume |
58.5¢ | 59.0¢ | 57.0¢ | $3.255M | 5.596M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
31 | 127585 | 57.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
58.0¢ | 185084 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 113936 | 0.575 |
9 | 130772 | 0.570 |
8 | 142955 | 0.565 |
10 | 254452 | 0.560 |
3 | 50825 | 0.555 |
Price($) | Vol. | No. |
---|---|---|
0.580 | 185041 | 15 |
0.585 | 323133 | 16 |
0.590 | 228781 | 12 |
0.595 | 270209 | 12 |
0.600 | 616918 | 18 |
Last trade - 15.24pm 10/09/2024 (20 minute delay) ? |
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