Shaping up that Ramelius may be very shortly paying north of $1 billion for 160,000 ounces a year of gold production from Beta Hunt and Higginsville.
Assuming 2 underground operations at Riverina district are operating by year end, producing over 150,000 ounces annualised … OBM must look attractive value at $470 million market cap. with a nicely refurbished and upgraded plant, net debt free balance sheet, and open ended exploration upside.
Mergers & acquisitions on the rise in the golds
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OBM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
37.5¢ |
Change
0.005(1.35%) |
Mkt cap ! $696.2M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 38.5¢ | 37.0¢ | $948.2K | 2.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 98471 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 120490 | 2 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| OBM (ASX) Chart |