Price is above 11c, its a decent sized raise, they are going to do 20 000km of drilling in 2023, fix up the plant a bit to debottleneck it, particularly the crusher. The back end of the plant can go well over 1.2mtpa. But there are bottlenecks at the front. In december that had heaps of material to send through the back end so they let it rip and it performed well.
They will expand reserves at RU and target Missouri underground and Callion underground.
Spoke to luke probably a month ago, and he was telling me how excited he was for all the projects he wanted to do at OBM. Said he just wished he had a bigger balance sheet to do it. I'd say here it is.
what would it take for shareholders to be happy? Would they like to see Directors tip in money?
Price is above 11c, its a decent sized raise, they are going to...
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Last
31.5¢ |
Change
-0.015(4.55%) |
Mkt cap ! $584.1M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 32.5¢ | 31.0¢ | $689.4K | 2.186M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 431190 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 76655 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
31.0¢ |
Change
-0.015 ( 3.06 %) |
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| Open | High | Low | Volume | ||
| 32.0¢ | 32.0¢ | 31.0¢ | 621063 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| OBM (ASX) Chart |