OBM 1.61% 63.0¢ ora banda mining ltd

Euroz Hartley next target 55 … valuation ~72 on current $A gold

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    We maintain our Buy, but increase our Price Target to 55cps (up from 50cps), latest NAV 39cps and current Spot NAV 72cps (unhedged gold sales). Riverina and Sand King underground mines are set to supply high-grade ore to expanded processing infrastructure (1.4Mtpa) lifting production levels +150koz FY26, while costs lower to deliver strong FCF +A$155m (EH gold prices) or +A$300m FY26 (current spot gold).

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    they obviously don’t listen to MOM either !
 
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