A Northern Star Mark II ?, page-58

I foresee a growth path with OBM that will be the envy of the WA gold mining industry

Next week, I expect the release of some special gold assays from underground drilling at Sand King and confirmation that the deeper drilling will now be extended into a much bigger program.

Studies are already being done to scope out a new underground mine that could possibly be up and running by Dec 24 … and also be mining at the rate of ~ 600,000 tpa.

The Byrnecut people are already onsite with all the right gear that can be sourced very quickly.
To achieve such a timeframe, a decision to mine would need to be made before late April.

2 declines in the future should produce gold at the rate of 150,000 ++ozs per annum (up to $200 million a year in revenue) and quickly utilise the ~$400 million in tax losses that the company will be preserving

From that point in time, things then start to look VERY exciting

The extensive land package held by Ora Banda holds numerous old mines and workings that have rarely seen a drill program. The geology is likely to be very similar, and with big drilling programs, the potential of a new underground mine being established year on year into the future will be very real imho.

The company will clearly have the strong cashflows to be funding new purpose built process facilities alongside new discoveries.

Please follow this thread from the beginning, because there will be a great book written about Ora Banda one day … and about those lucky shareholders who have believed.