I’m expecting a steady mediocre Sept quarterly result for OBM because Luke only joined the company in July. I suspect the changes in operational structure, scheduling, mining methodologies etc probably didn’t start until month Sept. What I’m hoping for is that Luke is able to give us some better insight into what changes he has started to make, what changes he aims to make in the next quarter, and perhaps a glimpse into how the month of October is travelling in comparison to earlier periods. My broker is telling me that things on site are progressively coming together … and starting to sound like a Jewish piano!
(that’s a cash register … for all you infidels)
OBM Price at posting:
8.1¢ Sentiment: Buy Disclosure: Held
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