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43.0¢ ora banda mining ltd

Ann: A$30m Placement to Advance Sand King Underground, page-24

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troyus

10,764 Posts.

652

07/03/24

19:47

Post #: 72801390
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Originally posted by Ladytradr: ↑

There will be no great surprises in the March quarterly Troyus.

Insto investors understand that OBM are currently stockpiling an additional ~300,000 tonnes of lower grade open cut material for blending and processing later in the year, whilst decline 2 is being built

The cost of that ~300,000 tonne stockpile will be included in the March AISC, but we will also see the start of contributions of some high grade stoping that starts in coming days.

OBM is now cashed up and bullet proof, particularly with the Wesfarmers money also coming in late April

Give some thought to what the profit per ounce is going to look like between June-Dec 24 (when gold prices may be much higher) as the mining cost of that stockpile will have already been expensed.

Some of us are prepared to learn and understand how a transition of this nature is professionally undertaken

You are just a hopeless dreamer thinking OBM is ever going back below 22 again … imho

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yeh sure ….as in it will miss another forecast??
They haven’t mad ANY profit yet and still look to be at least a year away from any said profits! A lot can happen in a year….

OBM Price at posting: 27.5¢ Sentiment: None Disclosure: Not Held
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Last 43.0¢		Change 0.000(0.00%)		Mkt cap ! $799.5M

Open	High	Low	Value	Volume
43.5¢	44.5¢	43.0¢	$807.5K	1.852M

Buyers (Bids)

No.	Vol.	Price($)
2	13195	43.0¢

Sellers (Offers)

Price($)	Vol.	No.
44.0¢	271723	2

View Market Depth

No.	Vol.	Price($)
2	13195	0.430
2	45500	0.425
3	134000	0.420
3	155711	0.415
3	41520	0.410

Price($)	Vol.	No.
0.440	271723	2
0.445	15100	1
0.450	191259	6
0.460	4750	1
0.465	75171	1

Last trade - 16.10pm 29/07/2024 (20 minute delay)

OBM (ASX) Chart