OBM 0.00% 33.5¢ ora banda mining ltd

Ann: Significant Davyhurst Lithium Discovery, page-14

  1. 160 Posts.
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    For a comparison LTR have
    Total 156M tons @ 1.4% & Kathleen
    15M tons @ 1.0% at Anna

    Also RDT in Sep 21 when they acquired Mt Ida from OBM - went from 20c to 80c...

    Looking at how long it will take I guess a good year for a Li RSC based on RDT history.

    28Sep 2021 - RDT initial announcement
    The good stuff - Spodumene bearing pegmatite

    Thick drill hole intercepts and rock chips with high-grade lithium assays identified over 5km strike extent on the western limb of the Copperfield Granite:
    o TIC0151 24m @ 1.84% Li2O and 350ppm Ta2O5 from 160m
    o IDRCD068 26.2m @ 1.84% Li2O, 210ppm Ta2O5 from 283m
    o TIC0267 24m @ 1.49% Li2O and 88ppm Ta2O5 from 150m
    o TIC0180 12m @ 1.70% Li2O and 200 ppm Ta2O5 from 150m
    o TIC0121 9m @ 1.42% Li2O and 101ppm Ta2O5 from 82m

    I note it took 3 months (Anc 16 Dec) for RDT to drill 4km of strike.
    Aug 22 - had done 40km - share price back to 40c
    19 Oct 22 RDT announced Maiden Resource 12.7M @ 1.2% - SP back to 60c
    Back down to 30c and now 50c -

    back to OBM....
    Still want a good quarterly this week - and Gold is >U$2000 & AU$3000

 
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