@laverton
I think as at 30 June, the company had $102m net equity, taking away all development capitalisation of $58, leaving $44m, plus $11m asset sale, and minus additional cash outflow in September quarter saying $6m, that leaves $49m in cash, ore, and booked assets.
Cash wise, you are right plus $20m in inventory including ore and unsold gold, around $17m
Asset wise, the book value for the mill was $20m at 30 June. by looking at BDC's BFS and BC8's second-hand mill construction process, OBM's mill is easily worth $40m.
plus a bit of lithium hype, thus I bought today.
Ann: September 2021 Quarterly Activities and Cashflow Reports, page-37
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Last
33.5¢ |
Change
-0.005(1.47%) |
Mkt cap ! $622.1M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.0¢ | 33.5¢ | $93.99K | 279.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 131886 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 980220 | 6 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| OBM (ASX) Chart |