LyallPark I am not sure why you only talk about OBM and seem to have a negative agenda.
I take the opposite view.
Big improvement and OBM stated expect more improvement.
CAPEX on property plant and equipment will not be $4m each quarter. It was elevated as they have been trying to fix the issues.
If they continue to improve I expect them to be cash-flow positive and the story is then a plant that has been paid for (fixed asset), is operating ok now and they will simply need to spend dollars on drilling but knowing that all good grades drilled will have a home for those resources.
Perhaps they have indeed turned the corner. Lets wait for the next quarterly.
(Not advice seek professional help)
LyallPark I am not sure why you only talk about OBM and seem to...
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Last
32.0¢ |
Change
-0.010(3.03%) |
Mkt cap ! $594.1M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.0¢ | 32.0¢ | $161.9K | 499.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 8 | 178559 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 33.0¢ | 179791 | 3 |
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| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
32.5¢ |
Change
-0.010 ( 1.52 %) |
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| Open | High | Low | Volume | ||
| 32.5¢ | 33.0¢ | 32.0¢ | 124288 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| OBM (ASX) Chart |