Ann: Ora Banda Presenting at Resources Rising Stars Conference, page-9

When I did some quick back of the envelope calculations, the AISC came down to $2350-$2400, which means they could be slighly in black for the last quarter and the cash outflow may stop at least for now.

But as others righfully called it out, the company doesn't produce enough free casflow, which is very much needed to go hard on Au and Li exploration. I don't think they'll raise cash again now. Maybe, when positive Li results came back, they could ride the hype and potentially dilute on a higher SP.

If grades continue to be an issue and they don't reconcile with the DFS, OBM can not wait until going into administration again. The management must proactively address the issue and get a stranded asset nearby to feed the mill. I don't think many OBM shareholders would oppose a merger with Bardoc for example, so please be proactive and do the right thing for at least once!