We are witnessing an exponential blow out in the gold price because of a shift in global distrust of currencies and what direction President Trump may be dragging us
physical gold is being horded by new owners
technically, I think US$3200 could now be hit within 3 months (divided by .63 exchange rate) … we would have a money printing gold price in Australia exceeding $5000
If OBM can pull their AISC back to A$2,000 (guidance) and production ramps up to be spitting out gold at a rate of 160,000 ounces pa (say 2H 2025) .. operating cashflow could be getting close to half a $billion per year !!
what multiple of earnings should we then put OBM on??
dividends and capital returns would surely then be on the table otherwise the company will get a takeover for being too cheap
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Last
68.5¢ |
Change
0.005(0.74%) |
Mkt cap ! $1.290B | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 69.0¢ | 67.0¢ | $3.171M | 4.647M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 51458 | 68.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.0¢ | 9200 | 1 |
View Market Depth
| Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
| OBM (ASX) Chart |