OBM 0.00% 33.5¢ ora banda mining ltd

An insight into potential future market ratings for OBM, page-15

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    https://hotcopper.com.au/data/attachments/5886/5886312-8462e15f11d1e55bfa57e6a8700a4d9e.jpg

    this is the outcome of last underground mining campaign by Byrnecut at Riverina around 1990 … 16 g/t mined material is a very nice grade and demonstrates the potential of the geology

    since those past days, I understand OBM has modelled a couple of parallel mineralised structures/loads that can be easily accessed with cross cuts.

    mining methodologies these days will be different, but I’m still expecting an average grade comfortably above 5 g/t

    600,000 tpa x 5g/t+ would be producing~100,000 ozs a year from one underground operation

    By Dec 24 … there may very well be 2 underground operations (refer recent comments on Sand King)
 
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