OBM ora banda mining ltd

Plenty to be happy about, with exciting 6 months ahead

  1. 2,625 Posts.
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    https://hotcopper.com.au/data/attachments/5661/5661685-0159b2d9574e99b252e61b89f24d30c0.jpg
    once OBM starts accessing some ore underground (I think late Nov) we will see material coming to the surface that is expected to grade 4.3 g/t (up from 2 g/t open cut material currently)
    The main mining/stoping is expected to start in February with underground production to eventually contribute ore at the rate of 600,000 tpa x 4.3 g/t +
    This indicates to me, (because of ongoing blending with the lower grade open cut material), we can still expect a further 50% increase in head grades to the mill over the next 3-6 months

    The next bit of positive news to look forward to will be assays from the last 3 months of drilling and whether we are closer to knowing where the second decline is going.
 
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Last
98.0¢
Change
0.020(2.08%)
Mkt cap ! $1.850B
Open High Low Value Volume
94.5¢ 99.0¢ 93.5¢ $11.79M 12.26M

Buyers (Bids)

No. Vol. Price($)
1 127411 97.5¢
 

Sellers (Offers)

Price($) Vol. No.
99.0¢ 25000 1
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Last trade - 16.18pm 18/09/2025 (20 minute delay) ?
OBM (ASX) Chart
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