we may even see OBM touch 50 cents over the next few days, as so many institutions are underweight gold producers … and GOLD now the sexiest place to be!
show me a lady who doesn’t love Gold …
This time next year … if gold price holds these levels … OBM should be producing gold at the rate of 150,000 ounces per year at a margin on nearly $2,000 an ounce (=$300 million per year … and year 1 it’s tax free!)
It doesn’t sound expensive given current market capitalisation of less than $900 million and debt free
we may even see OBM touch 50 cents over the next few days, as so...
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 (20min delay)
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Last
44.5¢ |
Change
0.005(1.14%) |
Mkt cap ! $822.7M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 45.5¢ | 44.0¢ | $362.6K | 809.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 227615 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 19269 | 5 |
View Market Depth
| Last trade - 11.46am 01/08/2024 (20 minute delay) ? |
| OBM (ASX) Chart |