With OBM predicting first production early 2021, there is finally some light at the end of the tunnel.
I am bouyed by the fact the managing director David Quinlivan is an experienced mining man, knows the area in which OBM is exploring, and is currently the non - executive chairman of Silver Lake Resources (SLR), which has seen a share price appreciation in recent months.
What should not be underestimated is OBM has the 1.2Mtpa Davyhurst Processing Plant, a luxury most gold juniors do not have.
Although still "in - the - red" after the share consolidation I'm expecting a long term return of capital.
And once OBM has confirmed its reserves and starts producing, is it out of the question of a merger between OBM and SLR?
Ann: Investor Presentation - A Near Term A$ Gold Producer, page-2
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