OBM ora banda mining ltd

Ann: Balance Sheet Strengthens- $50m RCF & A$4,400 Put Options, page-22

  1. 569 Posts.
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    The put options have cost $AUD142 per ounce to set a floor of $AUD4400 per ounce.

    If the gold price keeps motoring upwards we have foregone some of the cream ($AUD142 per ounce)
    HOWEVER
    Gold only has to drop back modestly to around $USD2600 and we are in front. Seems like a good deal to me....


    https://hotcopper.com.au/data/attachments/6862/6862490-9f9ee07c0c9ff5aa415779e8263e19d9.jpg
 
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Last
71.0¢
Change
0.010(1.43%)
Mkt cap ! $1.337B
Open High Low Value Volume
74.0¢ 74.5¢ 71.0¢ $15.22M 20.94M

Buyers (Bids)

No. Vol. Price($)
5 215086 71.0¢
 

Sellers (Offers)

Price($) Vol. No.
72.0¢ 88888 1
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Last trade - 16.10pm 23/07/2025 (20 minute delay) ?
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