OBM 0.00% 31.0¢ ora banda mining ltd

It has been quite a while since we have heard from wassa,...

  1. 1,547 Posts.
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    It has been quite a while since we have heard from wassa, Paddington (bear), Yilgangi, bull whisperer, calf whisperer and a few other regular sceptics of OBM.
    They may still be waiting for OBM to become cashflow positive and not too fussed about having left a 1000% return (in less that 2 years) on the table.
    I am sure they will be happy for our good fortune though.
    i am still expecting OBM to be a 50 cent plus stock, certainly well before June 25, so that will then be a 2000% gain in 3 years.

    how many investors are posting those types of returns ??

    With a soaring gold price, strong cashflows coming from 2 underground operations by Dec 24, strong debt free balance sheet, open ended highly prospective land holdings around known historic gold mines … I still think OBM is another emerging NST (along with another favourite Spartan, who incidentally aren’t generating a positive cashflow either!)

    https://hotcopper.com.au/data/attachments/6068/6068587-24d64d49459e397a21b37b177d1df75e.jpg

    https://hotcopper.com.au/data/attachments/6068/6068594-94375cf1923614649fdbc78a73923eea.jpg
 
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Last
31.0¢
Change
0.000(0.00%)
Mkt cap ! $575.5M
Open High Low Value Volume
31.0¢ 32.0¢ 31.0¢ $315.9K 1.011M

Buyers (Bids)

No. Vol. Price($)
2 112158 31.0¢
 

Sellers (Offers)

Price($) Vol. No.
31.5¢ 56000 2
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Last trade - 16.10pm 13/05/2024 (20 minute delay) ?
Last
31.5¢
  Change
0.000 ( 1.61 %)
Open High Low Volume
31.0¢ 32.0¢ 31.0¢ 209707
Last updated 15.59pm 13/05/2024 ?
OBM (ASX) Chart
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