Understand your position then thanks Yilgangie … I am only interested in the share price
all the best to you for the year ahead.
those that averaged down at 5 cents can’t be too unhappy and the very brave and shrewd who invested in June are up 200% in less than 6 months!
everything seems to have a cycle of over enthusiasm and capitulation
I don’t think we can fairly saddle Luke with any ongoing responsibility for the fails of past management. Every step he has made since taking over management looks positive and operationally progressive to me.
I feel there is always a possibly that OBM may get absorbed into another group (before you see a half yearly profit).
Corporates will surely be doing detailed modelling on the financial impact of selectively mining underground and pulling out average grades exceeding 3.5 g/t in 6-12 months time.
OBM Price at posting:
8.3¢ Sentiment: Buy Disclosure: Held
(20min delay)