OBM 0.00% 43.0¢ ora banda mining ltd

Ann: September 2022 Quarterly Activities and Cashflow Reports, page-3

  1. 282 Posts.
    lightbulb Created with Sketch. 44
    $2914 and corporate costs reported at $153oz?

    Cash at 30/6/22 $27.7m
    Cash at 30/9/22 $20.4
    Cash Burn $7.3m
    Cash Burn per oz $534oz

    Average sale price $2525
    Add cash burn 534
    True?cash cost $3059? (does not allow for swings in creditors etc ie if the current and long term liabilities have gone up our position is worse!)

    When do Euiroz print the next lot of money and further dilute existing shareholders?

    Or another asset sale?

    Current and long term liabilities at 30 June 2022 audited are reported at $65.9m

    The curse of Davyhurst is still intact "Mark 5" or will the reset plan work at some point in time or do we just become an exploration company

    Yet another dissappointing quarterly report by a WA goldie to follow on from SBM,EVN,NST,RMS etc?

    No wonder the sector is in the "dog house"
 
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