OBM 2.99% 32.5¢ ora banda mining ltd

Ann: Company Update - Key Milestones Achieved, page-19

  1. zog
    2,906 Posts.
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    Like you I have little doubt that LC knows his stuff - that's why I think (hope) that he does not embark upon "high grading" - the hangover is too great to get a temporary sugar hit of going much over the 100kozs/yr - I'm perfectly happy with that. If LC can show a sustainable path to more (i.e more throughput/bonanza grades & resource) that would be great, but sterilizing O/P resources I would hope was not on the agenda. The story so far has been a "turn around" from what looked to be the company going "pear shaped" - so high risk and high return (it came off so far) doesn't mean that the company is going to go forward at the same rate as the past; but will hopefully remove some of the risk (i.e no high grading)
 
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