Despite our current feelings with management, the OB seem like ridiculous buying at 0.4c.
Big problem now is that even if they have something great with the MRE, their actions will have caused a bunch of good faith holders to sell. (and rightly so).
If they drop a 300-350k MRE into a POG that rises to USD$2500 before years end, combined with a pit optimisation study that allows shallow higher grades to be tolled, it will be positive to say the least.
Anyone who left will be right to feel quite unhappy IMO, as delays and lack of communication will have caused it.
(They could of course drop 200k oz, and the POG goes to $1500).
Good luck to holders and sellers alike.
Despite our current feelings with management, the OB seem like...
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Last
0.1¢ |
Change
-0.001(50.0%) |
Mkt cap ! $4.000M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.1¢ | $670 | 343.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 53 | 227194285 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 39100184 | 15 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| ASR (ASX) Chart |