OBM 0.00% 33.5¢ ora banda mining ltd

That's not accurate i believe (as a former KDR holder). KDR had...

  1. 2,030 Posts.
    lightbulb Created with Sketch. 900
    That's not accurate i believe (as a former KDR holder). KDR had a MRE of 189Mt @1.5% Li2O (at Mt Holland's Earl Grey); for quick comparison Liontown (LTR) has a MRE of 172Mt @1.33% Li2O, and was valued at A$6.46 billion (about to be acquired) by US Albemarle (though was later interrupted by Gina Rinehart) just a few weeks ago. Westfarmer only paid some $776m for taking over Kidman in 2019 (so WES did a very good deal even for 50% in hindsight). Imagine if Kidman were to be bought last year or even this year..
    I reckon OBM's management did a good job this time for finally getting something from its lithium assets alone unlike what it did before (about two years ago) that it almost gave away its potential lithium asset - Mt Ida for free (was sold as a gold asset i believe for $11m) to then Red Dirt Metals and the latter quickly announced its maiden lithium discovery at Mt Ida a month or two later and the rest is history..
 
watchlist Created with Sketch. Add OBM (ASX) to my watchlist
(20min delay)
Last
33.5¢
Change
0.000(0.00%)
Mkt cap ! $621.9M
Open High Low Value Volume
32.5¢ 33.5¢ 32.5¢ $123.6K 377.4K

Buyers (Bids)

No. Vol. Price($)
2 35000 32.5¢
 

Sellers (Offers)

Price($) Vol. No.
33.5¢ 258001 6
View Market Depth
Last trade - 16.10pm 30/05/2024 (20 minute delay) ?
Last
33.0¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
32.5¢ 33.0¢ 32.5¢ 155273
Last updated 15.59pm 30/05/2024 ?
OBM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.