OBM 5.26% 36.0¢ ora banda mining ltd

With respect to Sand King announcement:Ora Banda Mining...

  1. 659 Posts.
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    With respect to Sand King announcement:

    Ora Banda Mining Limited’s Managing Director, Luke Creagh, said:
    “Discovering this high-grade lode system under the ultramafic unit is game changing for the
    prospects of a potential underground mine at Sand King. Our confidence is growing daily, and it
    is becoming more apparent that we are only scratching the surface of the Siberia Gold
    Complex.
    “The Sand King Underground drill out is tracking well and we are excited by the potential to
    deliver a second underground mine to support our Riverina Underground operations. If
    achieved, the business will be in a step change position whereby the 1.2mtpa Davyhurst
    process plant will be full of high-grade ore and our production rate will increase substantially.”

    How can "these guys be crooks" ? If Gold holds up above $AUD3000 (currently at $AUD3132), and as per Luke comment above "process plant will be full of high-grade ore and our production rate will increase substantially", our current share price will become something we tell others as "I remember when OBM was around 20c" - just an opinion of course, but that's why I am sticking with these "crooks". smile.png
 
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Last
36.0¢
Change
-0.020(5.26%)
Mkt cap ! $668.3M
Open High Low Value Volume
37.5¢ 37.5¢ 35.5¢ $238.0K 654.7K

Buyers (Bids)

No. Vol. Price($)
2 2803 36.0¢
 

Sellers (Offers)

Price($) Vol. No.
37.0¢ 31896 2
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Last trade - 16.10pm 17/06/2024 (20 minute delay) ?
Last
36.5¢
  Change
-0.020 ( 2.48 %)
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36.5¢ 37.0¢ 35.8¢ 303690
Last updated 15.59pm 17/06/2024 ?
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