OBM 2.59% 56.5¢ ora banda mining ltd

Ann: A$30m Placement to Advance Sand King Underground, page-15

  1. 716 Posts.
    lightbulb Created with Sketch. 62
    I think it was done simply because they are running out of cash and the WES $ may be delayed.
    May also miss cost guidance - I dont know - but its def a cash crunch.

    Which is a shame given the great work and deal they did to get WES deal.

    Also i assume done to keep everything going. An option might have been to stop all expl etc and wait for Riverina $ to start but opted to keep things going.
 
watchlist Created with Sketch. Add OBM (ASX) to my watchlist
(20min delay)
Last
56.5¢
Change
-0.015(2.59%)
Mkt cap ! $1.051B
Open High Low Value Volume
56.5¢ 57.5¢ 54.5¢ $4.952M 8.841M

Buyers (Bids)

No. Vol. Price($)
2 103991 56.0¢
 

Sellers (Offers)

Price($) Vol. No.
57.5¢ 87705 3
View Market Depth
Last trade - 16.10pm 04/09/2024 (20 minute delay) ?
OBM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.