OBM 4.42% 54.0¢ ora banda mining ltd

If Hawkes not buying … they may be selling later this year, page-46

  1. 1,722 Posts.
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    I would have liked to be a fly on the wall when Luke no doubt visited the Hawkes Point people in London.

    once OBM get re-rated into the 50 - 85 cent range, there has to be a corporate deal done there … and hopefully with an investor that Luke and team will be very happy to work with.

    i am hoping to keep this one as a long term, exceptional performance, organic growth play.

    OBM currently has the best people running it, open ended exploration upside, refurbished plant, etc etc … what can possibly go wrong??

    answer … OBM gets a takeover from a much bigger group that materially dilutes our leverage/upside, increases or risk. and it may be controlled by people who Luke doesn’t feel comfortable working with.

    fingers crossed Hawkes Point and Luke can work together constructively to find the right partner/s at the appropriate time
 
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