Nothing I said was unsubstantiated. Gold doesn't cost nothing to produce you know.
Dec 31 Cash = $15m
Jan 31 Cash = $7.48m. Please tell me what the difference between those two numbers is?
As can be seen from the above chart their Jan AISC was around $2,800/oz which is higher than the current gold price. i.e they lost money on production. Then add in G&A, sustaining capex, exploration etc and that's how you burn $7.5m in a month. Nothing tells me that that has improved.
Good for you if you took the raise but don't accuse me of anything just because you didn't do your own DD
- Forums
- ASX - By Stock
- Ann: Ora Banda Launches up to $20M Equity Raising
Nothing I said was unsubstantiated. Gold doesn't cost nothing to...
-
- There are more pages in this discussion • 168 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
Add OBM (ASX) to my watchlist
(20min delay)
|
|||||
Last
61.8¢ |
Change
-0.013(1.98%) |
Mkt cap ! $1.150B |
Open | High | Low | Value | Volume |
62.5¢ | 63.5¢ | 61.0¢ | $932.0K | 1.502M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
38 | 164306 | 61.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
62.0¢ | 69178 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 160529 | 0.615 |
13 | 90229 | 0.610 |
7 | 203301 | 0.605 |
10 | 59834 | 0.600 |
5 | 566929 | 0.595 |
Price($) | Vol. | No. |
---|---|---|
0.620 | 67423 | 23 |
0.625 | 36402 | 11 |
0.630 | 78216 | 9 |
0.635 | 93768 | 9 |
0.640 | 83889 | 5 |
Last trade - 15.26pm 07/10/2024 (20 minute delay) ? |
Featured News
OBM (ASX) Chart |