OBM 1.47% 33.5¢ ora banda mining ltd

Ann: March 2022 Quarterly Activities and Cashflow Reports, page-24

  1. 279 Posts.
    lightbulb Created with Sketch. 44
    At an AISC of $2872 and a cash burn maybe of $5m for the March quarter diesel at $1.65 ,cyanide at $4500 tonne ,CV19 rampant,Gold Price $2630
    very easy to chew through cash quickly

    Original DFS AISC $1562
    Pay back 7 to 14 months
    CR in 4?placements subsequent to DFS $128m
    Share price decline in value say 30cents to 3.5 cents 90%?

    Directors skin in the game apart from Peter mansell VERY LITTLE
 
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