OBM 1.35% 37.5¢ ora banda mining ltd

Davyhurst Version 5 The DFS grade for year 1 was declared at...

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    Davyhurst Version 5

    The DFS grade for year 1 was declared at 2.21gpt

    The declared grade for the first 6 months was 1.47gpt (66% of actual forecast)

    DFS forecast gold produced 32333ozs
    Actual for first 6 months 14726 ozs

    45% of forecast

    We can blame many things BUT when people are paid +$500,000 PA they are supposed to know the answers and perform accordingly
    Weather significant ore stockpiles (323000 tonne)
    Clay should have been known and planned for
    Plant been refurbished by the experts (GR Engineering) should not be a problem

    MAYBE too much time and effort in Kings Park Road and not enough accountable people on site ??!!!!!!!!!!!!!!!!!!!!!


 
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