Yes certainly a juicy target as mgmt continue to expand Gold reserves.. at what point do you think a major Gold player will move ? and what price are you hoping for ?
IMHO----- Definitive Feasibility Study imminent (targeting Q3 - CY2020) – DFS will underpin project development with “capital light” production restart .... will reward with a friendly offer
At current Gold Price I think an offer in the mid 40's as the SP will be in the 30s after DFS (but if GOLD is $3koz AUD then more likely in the 50's)
Thats my conservative prediction ..
If OBM does achieve successive Qtr on Qtr production from 1H21 then I could see a much higher SP
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Last
46.0¢ |
Change
0.010(2.22%) |
Mkt cap ! $863.8M |
Open | High | Low | Value | Volume |
46.0¢ | 47.0¢ | 45.0¢ | $1.038M | 2.257M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 235410 | 46.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
46.5¢ | 255653 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 235041 | 0.460 |
10 | 72527 | 0.455 |
11 | 50595 | 0.450 |
6 | 37507 | 0.445 |
6 | 64233 | 0.440 |
Price($) | Vol. | No. |
---|---|---|
0.465 | 255653 | 11 |
0.470 | 108124 | 10 |
0.475 | 139302 | 7 |
0.480 | 140682 | 8 |
0.485 | 255242 | 6 |
Last trade - 13.09pm 17/07/2024 (20 minute delay) ? |
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OBM (ASX) Chart |