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
We are witnessing an exponential blow out in the gold price...
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Last
70.0¢ |
Change
0.015(2.19%) |
Mkt cap ! $1.318B | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 71.0¢ | 69.0¢ | $3.917M | 5.587M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 452618 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.0¢ | 4225 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
| OBM (ASX) Chart |