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!)
A Northern Star Mark II ?, page-64
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Last
32.5¢ |
Change
-0.010(2.99%) |
Mkt cap ! $603.3M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 33.0¢ | 32.5¢ | $50.47K | 155.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2416 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 90175 | 11 |
View Market Depth
| Last trade - 11.13am 30/05/2024 (20 minute delay) ? |
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Last
32.5¢ |
Change
-0.010 ( 1.52 %) |
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| Open | High | Low | Volume | ||
| 32.5¢ | 33.0¢ | 32.5¢ | 61237 | ||
| Last updated 11.15am 30/05/2024 ? | |||||
| OBM (ASX) Chart |