Hi Lady,
respectfully, I am following the company fairly closely, but I admit I am not delving too deeply, as whilst the MD has proven he can save the titanic, it's a different matter in regards to how long. The success of their drilling at Sand King is great, but I just don't feel the LOM for it will be more than 2-3 years (happy to be proven wrong).
In any case, I just prefer other stocks that OBM which I feel is priced to perfection, considering that they are very open that at best, they can fill the plant with 50% underground and the rest will be barely breakeven (only have to look at todays announcements, they show the AISC above $3k for much of 2023.
It' has been a great turn around and I can only hope the MD is able to do the same at other less successful mines in W.A. He is restoring the reputation of the whole sector (others too at other companies of course).
Good luck to all holders.
Hi Lady,respectfully, I am following the company fairly closely,...
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Last
32.0¢ |
Change
0.010(3.23%) |
Mkt cap ! $594.0M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 33.0¢ | 31.0¢ | $724.5K | 2.261M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 111111 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 18180 | 1 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
32.5¢ |
Change
0.010 ( 3.17 %) |
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| Open | High | Low | Volume | ||
| 31.5¢ | 32.5¢ | 31.5¢ | 573839 | ||
| Last updated 15.56pm 14/05/2024 ? | |||||
| OBM (ASX) Chart |