OBM 2.56% 40.0¢ ora banda mining ltd

Ann: March 2022 Quarterly Activities and Cashflow Reports, page-12

  1. 1,384 Posts.
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    Dragone,
    many businesses have suffered due to covid especially here in WA.
    border restrictions, and staff shortage every where. i do own a business and i can feel the pain.
    a business is nothing without staff.
    OBM doesnt have no leadership or staff at the moment.
    but they still trying manage to keep head above water. and luckily hawks point financed and the show is on.
    i own some GPR and it has been suspended due to covid supply chains.
    they couldnt get the equipment to start the mine within the prices that they budgeted, Eric sprott pulled the plug and said he doesnt wana keep the loan facility.
    all the gold miners are suffering from higher cost increase.
    Ora banda, no staff no management and rising cost. 3 in 1. but it doesnt mean that they gonna close shop.
    the photo shows that they are digging the mine out and preparing, to keep themsleves going until they find new driver.
    people dnt like to see red on the screen, and the share price collapsing like that, but it is what is.
    lastly, once they get their shit sorted they will recover very fast. and the share price will follow.
    i see this as a buying opportunity.
    this is just me not a financial advice
 
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Last
40.0¢
Change
0.010(2.56%)
Mkt cap ! $743.7M
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40.0¢ 41.0¢ 39.5¢ $572.3K 1.417M

Buyers (Bids)

No. Vol. Price($)
3 72533 39.5¢
 

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Price($) Vol. No.
41.0¢ 30230 1
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