OBM 8.97% 42.5¢ ora banda mining ltd

The announcement said:"Performance of the Davyhurst Plant...

  1. zog
    2,951 Posts.
    lightbulb Created with Sketch. 893
    The announcement said:

    "Performance of the Davyhurst Plant continues to improve, with the most notable aspect being a trial of the crushing circuit with 100% primary rock as feed for several days. During this trial run, the crushing circuit performance lifted to nameplate capacity of 1.2mtpa. Since August crushed oxide product from a mobile crusher has been supplementing the installed crushing circuit to address the issues with a higher percentage of oxide feed in the blend. The Company will continue to supplement its crushing operations as required whilst focussing on planning mining activities to further improve the feed blend"

    Whilst the above is not clear that the head grade issues have been resolved the above would indicate to me that the plant still has throughput issues. Also the issues outlined by Ausenco all are plant issues and not the head grade. It will be interesting to see from the quarterly whether head grade issues (and lack of reconciliation with reserve grade at Riverena) are also still with us
 
watchlist Created with Sketch. Add OBM (ASX) to my watchlist
(20min delay)
Last
42.5¢
Change
0.035(8.97%)
Mkt cap ! $789.4M
Open High Low Value Volume
40.5¢ 43.8¢ 40.5¢ $4.676M 11.16M

Buyers (Bids)

No. Vol. Price($)
1 25555 42.0¢
 

Sellers (Offers)

Price($) Vol. No.
42.5¢ 109998 2
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
OBM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.