OBM 4.42% 54.0¢ ora banda mining ltd

Ann: A$30m Placement to Advance Sand King Underground, page-28

  1. zog
    3,026 Posts.
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    Ladytradr - hopefully you are correct; however I prefer a more conservative approach; anything more is a bonus!

    My major issue was to point out that mine feed which is put into stockpiles is a credit against ASIC which has to be reversed once that stockpiled ore is processed - it is NOT incurred when it is mined (it then serves as a credit - reducing the ASIC but it comes back to bite you when it's processed (or written off))
 
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