OBM has a capitalisation of ~ $185 million (at 11.5 cents, based on 1.61b shares)
Cash/gold of at least $30-40 million (with little/no debt)
Replacement value of assets (plant, energy, accommodation, reserves, resources) estimated by our OBM executive at ~ $560 million (34.7 cents per share)
First selective high grade underground development at Riverina now committed and funded that should materially increase (by ~50%+) head grades and lower costs by Nov 2023
AISC guidance A$1750, once production forecast of 100,000 ounces annually achieved (at current gold prices that’s $115 million per year profit!)
A second higher grade underground development is now being targeted at Missouri.
Ongoing deep drill program at least until end 2023
Over $300 million in accumulated tax losses
Proven, experienced, highly motivated, professional senior management team.
seriously …. What more could a good gold god possibly want when $A gold prices ultimately crack through the A$3,000 barrier??
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Last
48.5¢ |
Change
0.035(7.78%) |
Mkt cap ! $901.8M |
Open | High | Low | Value | Volume |
45.0¢ | 49.5¢ | 45.0¢ | $5.017M | 10.57M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | 48.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.5¢ | 49732 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | 0.480 |
3 | 20324 | 0.475 |
1 | 10000 | 0.470 |
2 | 17200 | 0.465 |
3 | 276089 | 0.460 |
Price($) | Vol. | No. |
---|---|---|
0.485 | 49732 | 1 |
0.490 | 57356 | 2 |
0.495 | 19993 | 5 |
0.500 | 445768 | 12 |
0.505 | 2500 | 1 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
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INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
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