"“Make my words GOLD will be rally USD 3000 by end of 2023”.
How in the hell would you know what the future holds? If you knew the future you wouldn't have bought OBM, although the writing has been on the wall for a year or more.
Inflation will push up prices of everything and therefore the price of everything will be up, including gold, copper, nickel and iron ore. At the same time the cost of production will rise and the profit will remain the same or in OBM's case its so marginal that by 2023 it will already be in Administration.
The opportunity cost for OBM has been a killer when other stocks have gone up 1000% during the same time that OBM has lost 90%.
Ann: Operational Update, page-76
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Last
52.0¢ |
Change
-0.005(0.95%) |
Mkt cap ! $967.6M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 52.5¢ | 50.8¢ | $2.564M | 4.971M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 135251 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 20818 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| OBM (ASX) Chart |