OBM 1.98% 61.8¢ ora banda mining ltd

Nothing I said was unsubstantiated. Gold doesn't cost nothing to...

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  1. 9,063 Posts.
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    Nothing I said was unsubstantiated. Gold doesn't cost nothing to produce you know.

    Dec 31 Cash = $15m

    https://hotcopper.com.au/data/attachments/4107/4107661-9a14d426e89149f35178e0b033d00746.jpg

    Jan 31 Cash = $7.48m. Please tell me what the difference between those two numbers is?
    https://hotcopper.com.au/data/attachments/4107/4107666-79072c8b1d5d14aa8d4acc4f7c2a3ee2.jpg

    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

 
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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
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Last trade - 15.26pm 07/10/2024 (20 minute delay) ?
OBM (ASX) Chart
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