OBM 0.00% 33.5¢ ora banda mining ltd

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

  1. 1,562 Posts.
    lightbulb Created with Sketch. 1006
    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
 
watchlist Created with Sketch. Add OBM (ASX) to my watchlist
(20min delay)
Last
33.5¢
Change
0.000(0.00%)
Mkt cap ! $621.9M
Open High Low Value Volume
33.0¢ 33.8¢ 33.0¢ $305.8K 920.5K

Buyers (Bids)

No. Vol. Price($)
5 74851 32.5¢
 

Sellers (Offers)

Price($) Vol. No.
33.5¢ 152311 2
View Market Depth
Last trade - 16.10pm 28/05/2024 (20 minute delay) ?
Last
33.0¢
  Change
0.000 ( 1.23 %)
Open High Low Volume
33.5¢ 33.5¢ 33.0¢ 216183
Last updated 15.32pm 28/05/2024 ?
OBM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.