OBM 2.44% 63.0¢ ora banda mining ltd

Ann: June 2021 Quarterly Activities and Cashflow Reports, page-12

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  1. 558 Posts.
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    At this stage, I am cautiously optimistic about OBM as these quarterly numbers are not that bad given the circumstances and extra investment required for the new pit. If they can meet with the guidance for the next quarter, let's say 20k-23k ounces, the AISC could be around $1600-$1700, which gives them a healthy margin of $700 per ounce. I expect the management to provide more visibility on their operations, but overall I expected worse results for this quarter.
    Last edited by csadeev: 28/07/21
 
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