I have a small holding in OBM bought at an ave price of 33.7c....

I have a small holding in OBM bought at an ave price of 33.7c. Like SVG they could do nothing went right for years and the SP went down to 2.5c. Currently its 73.5c having been sold off due to slightly missing its production target. SP was $1.35 and future production should be higher.

Wanted to buy more OBM at 2.5c but chickened out due to their history. Not a good decision by me.

There is an opportunity here provided the BOD realistically the want this to succeed. The SVG resource is currently well below OBM's and SVG has more shares on issue than OBM so I don't see the SP mirroring OBM, but it could be substantially higher than it is now.

So many questions in my mind - could this be like OBM, what do the BOD want, are the managers capable, do the management team have much say, is the new shareholder in only to get the trucking fees, can the wet season issue be overcome, buy, don't buy.............