Action (from dealer note today)
MarQ’24 production an improvement on the DecQ’23, but the current JunQ’24 is expected to be the inflexion point for the Company with commercial production set to be declared for the Riverina UG; the key enabler for production growth above 100kozpa.
We maintain our Buy recommendation, and increase our Price Target to 45cps (from 40cps), NAV 35cps and current Spot NAV 61cps (unhedged gold upside).
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Hot off the press
spot net asset valuation (NAV) very nice … at 61 cents
Maybe OBM were rather cheap at 2.8 cents after all wassa & co
LT
Euroz Hartley research, page-2
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Last
54.0¢ |
Change
-0.025(4.42%) |
Mkt cap ! $1.005B | |||
| Open | High | Low | Value | Volume |
| 57.5¢ | 59.5¢ | 52.3¢ | $5.519M | 9.910M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 75778 | 53.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 276212 | 2 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| OBM (ASX) Chart |