The OBM share price has been a clear stand out performer over the past 2 years.... it didn't even flinch yesterday while other producers were smashed down 5-8%.
The market is holding confidence in this team and I think it's also pricing in SandKing coming online in the nearer term (perhaps even on the basis of funding via existing cashflow), capitalising on the very strong gold price. If they can get it into production next year it could well bring the AISC south of $2k with an overall company production output of around that $130k-$140k ounces PA.
No better chart … no more obvious breakout, page-353
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Last
66.5¢ |
Change
-0.005(0.75%) |
Mkt cap ! $1.239B | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 68.5¢ | 66.0¢ | $2.070M | 3.088M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8108 | 66.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.0¢ | 27760 | 1 |
View Market Depth
| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| OBM (ASX) Chart |