OBM 2.38% 61.5¢ ora banda mining ltd

Ann: September 2022 Quarterly Activities and Cashflow Reports, page-16

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  1. 1,782 Posts.
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    Luke Creagh presented today at Euroz Hartley’s and indicated that productivity at Ora Banda in the month of October was increased by 25%.
    He expected that performance to continue in the coming months.
    He also outlined how the higher grade material identified underground at Riverina can be easy/quickly accessed next year.

    All sounds very positive to me.

    I expect the Davyhurst project to be operating at nameplate volumes of 1.2 mtpa by Dec 2022 end, and then the next variable to be improved in 2023 will be grade.

    Next newsflow will presumably by results on the other 30 exploration holes drilled last quarter.
 
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