OBM 0.00% 33.5¢ ora banda mining ltd

Ann: Company Update - Key Milestones Achieved, page-20

  1. 1,562 Posts.
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    To be perfectly honest Zog, I really don’t think you know what you are talking about.

    The lower grade material exposed at base of Sand King and other pits won’t disappear
    My definition of high grading is when you mine in a fashion that only takes very high grade material and leave other ores insitu that are then unlikely to ever be economically mined in the future.

    Not the case here … OBM are simply finding higher grade underground material and making plans to exploit it as soon as feasible
    If you really think you have something to teach Luke on mine economics and development, please give him a call and let us all know what he thinks
 
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