I think what needs to be seen in the company is clear isn't it? Cash costs are higher and they have opened up another pit early off plan. POG not really the confident uptrend you would hope and wasn't their pit shell cutoff 2350 (someone can correct me here if my memory is off). We need to see that they can achieve commercial mining before their cash runs out otherwise there is the looming need of another CR or worse debt which would come with hedging. I don't like taking risks like that, so I'm happy to wait that shaky period out and come back in when things are looking on track again based on reported cash flows.
I think what needs to be seen in the company is clear isn't it?...
Add OBM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
38.0¢ |
Change
0.010(2.70%) |
Mkt cap ! $705.5M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 38.5¢ | 36.0¢ | $1.592M | 4.256M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 150985 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
37.5¢ |
Change
0.010 ( 2.66 %) |
||||
| Open | High | Low | Volume | ||
| 37.0¢ | 38.5¢ | 36.0¢ | 1661989 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| OBM (ASX) Chart |