OBM 6.52% 64.5¢ ora banda mining ltd

Ann: December 2021 Quarterly Activities and Cashflow Reports, page-102

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    Many investors and potential investors would quickly lose interest in OBM if they sold off the gold assets. There has been a trend in recent months for speculators to sell out of pure explorers and into under-priced small gold producers with good exploration potential and which are poised to take advantage of the expected strong gold price in 2022. I believe that OBM is in that category.

    While there are still a few bargains to be had in the established medium sized producers, I think that some bigger gains will be achieved this year in the small speculative producers. Looking at the risk/potential reward of OBM, I now rate it as a Buy.
 
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