OBM 2.70% 38.0¢ ora banda mining ltd

Diggers n Dealers 2023, page-30

  1. 92 Posts.
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    Good points BB - also keep in mind since 1990 costs have doubled to tripled, and gold price has gone from A$500 or so to A$2900 (nearly sextupled) - so a 6 g/t face in today's terms only needs to be 3g/t to for same $ margins. Regardless traditionally modern miners tend to mess up the first level of development - especially there's a lot of clowns managing mines these days - so this like any new UG will be interesting to watch unfold.
 
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