OBM 2.40% 61.0¢ ora banda mining ltd

Cannacord price target of 50 cents, page-17

  1. 1,787 Posts.
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    Appreciate that my risk list was not exhaustive… Apologies and thanks for input Zog and Trader

    as said though … still weighing all that up, I feel the probability is that the stock should go materially higher before it goes materially lower … and I’m a very happy holder.

    I see delays in decline (if encountering poor ground conditions) or plant repairs being bumps in the road rather than catastrophic, because the balance sheet is strong.

    fortunately we have no forward sales of gold and our mining contractor (Byrnecut) look to be solid.

    it’s very healthy for us to try and evaluate the risks and I hope others find some time to put their minds towards the exercise.
 
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