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
Yes certainly a juicy target as mgmt continue to expand Gold...
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Last
48.5¢ |
Change
0.035(7.78%) |
Mkt cap ! $901.8M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 49.5¢ | 45.0¢ | $5.017M | 10.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 49732 | 1 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| OBM (ASX) Chart |