OBM 2.90% 33.5¢ ora banda mining ltd

Ann: A$30m Placement to Advance Sand King Underground, page-15

  1. 703 Posts.
    lightbulb Created with Sketch. 62
    I think it was done simply because they are running out of cash and the WES $ may be delayed.
    May also miss cost guidance - I dont know - but its def a cash crunch.

    Which is a shame given the great work and deal they did to get WES deal.

    Also i assume done to keep everything going. An option might have been to stop all expl etc and wait for Riverina $ to start but opted to keep things going.
 
watchlist Created with Sketch. Add OBM (ASX) to my watchlist
(20min delay)
Last
33.5¢
Change
-0.010(2.90%)
Mkt cap ! $621.9M
Open High Low Value Volume
34.5¢ 34.5¢ 32.0¢ $835.2K 2.515M

Buyers (Bids)

No. Vol. Price($)
1 10000 32.5¢
 

Sellers (Offers)

Price($) Vol. No.
34.0¢ 8000 1
View Market Depth
Last trade - 16.10pm 27/06/2024 (20 minute delay) ?
OBM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.