@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
43.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $799.5M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 44.5¢ | 43.0¢ | $807.5K | 1.852M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13195 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 271723 | 2 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| OBM (ASX) Chart |