Ann: The DRIVE to 100 - OBM Corporate Presentation, page-2

A nice presentation, albeit, they should just get the raising done.
The MD has already proven he knows what hes doing. The major shareholders have already proven they support him.
My guess is they hope to raise approx $30m ($10m to pay off the debt, $20m for portal/decline etc).

I do have questions about the U/G getting to 600ktpa, that is not a small undertaking, especially with selective mining.
Seems a very bold goal, especially when you currently only have 1 year of reserves to do this.

Good luck to holders, OBM could well be a rare beast of actually becoming a proven producer, though it's so strange that such an MD/team were not used to restart this whole project at the beginning.....