OBM 8.97% 42.5¢ ora banda mining ltd

Ann: Change of Director's Interest Notice - D. Quinlivan, page-15

  1. 515 Posts.
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    pos6655

    To answer your question it might just be as simple as people following a trend.

    Sadly OBM are not making money but are trying to turn it around. The longer it goes before they can show people they are making money the more of their cash they burn. People are just nervous. This could reward the brave or vindicate the sceptics.

    I don't know but am watching and looking at forums like this to see if there is something i did not get from the Quarterly.
    What I took from the Quarterly was average sale price of A$2352 was less than the AISC of A$2618.

    Best
    DC
 
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