OBM 0.30% 84.3¢ ora banda mining ltd

Well done to OBM, especially their marketing department. Luke...

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  1. 12,118 Posts.
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    Well done to OBM, especially their marketing department. Luke and the team have a lot to crow about, but... it's a stretch to say they 'found' Riverina.... it was planned (and discovered and mined decades ago) well before he became the MD. As for being a 'mid tier' producer, hmm... sorry, 150k p.a is not mid tier, RMS and WGX are mid tier. If I can keep my critical hat on, it's damn bold to develop an U/G mine with just 55k in reserves, when it costs $40m to do it. Sure there are going to be extensions, but... being able to state you are a 150k producer for 1 year is... bloody bold.

    https://hotcopper.com.au/data/attachments/6305/6305150-897b0db4f196a253a8c729a31d73661c.jpg
    Good luck to all holders though, nice to see a well run small producer really reward it's shareholders with capital growth.

    Well done @Joelstar on your timing!
 
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84.3¢
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84.0¢ 84.5¢ 81.8¢ $1.395M 1.678M

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