OBM ora banda mining ltd

Ann: Balance Sheet Strengthens- $50m RCF & A$4,400 Put Options, page-22

  1. 566 Posts.
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    The put options have cost $AUD142 per ounce to set a floor of $AUD4400 per ounce.

    If the gold price keeps motoring upwards we have foregone some of the cream ($AUD142 per ounce)
    HOWEVER
    Gold only has to drop back modestly to around $USD2600 and we are in front. Seems like a good deal to me....


    https://hotcopper.com.au/data/attachments/6862/6862490-9f9ee07c0c9ff5aa415779e8263e19d9.jpg
 
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Last
97.0¢
Change
-0.075(7.18%)
Mkt cap ! $1.827B
Open High Low Value Volume
$1.08 $1.09 97.0¢ $9.493M 9.452M

Buyers (Bids)

No. Vol. Price($)
9 213803 97.0¢
 

Sellers (Offers)

Price($) Vol. No.
98.5¢ 94083 1
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Last trade - 16.10pm 16/06/2025 (20 minute delay) ?
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