OBM 6.52% 64.5¢ ora banda mining ltd

Ann: Ora Banda Launches up to $20M Equity Raising, page-176

  1. 469 Posts.
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    obm shareholders may be selling or I think more so, price manipulation. keep it below 5c so Hawkes point can be majorly holder. why buy your allotment when you can get them for 4.8c now like me.
    the question is what do you think will happen when and if they become largest holder or majority stake holder?
    anyone want to speculate??
    do you think they'll do this so the company can fold ?
    no I don't believe that.
    maybe sell the lot. if that's the case . what would be a good price.
    or maybe do a merger ?
    or maybe just benefit from high gold prices and become very profitable. I mean everything is lining up now. rather than people just point out rubbish like curses or gold not being there which is rubbish. they have huge exploration land holdings. they can feed the mill on lower grades if the pog stays high. which more than likely will and continue higher. almost at nameplate capacity. we look to be 1 QTR away from stabilisation. there's always a bottom if it doesn't go bust.
    surly there is no way lower. either way I'm willing to go at it here.
 
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