OBM 0.00% 31.0¢ ora banda mining ltd

Now that Luke has mapped up an exciting growth plan and has...

  1. 1,547 Posts.
    lightbulb Created with Sketch. 993
    Now that Luke has mapped up an exciting growth plan and has executed to date with near perfection, Raleigh must surely start exploring some medium term strategic angles with Hawkes Point.

    Raleigh will be quietly following Luke’s every move like a bloodhound because he knows the incredible upside potential of that contiguous belt, and the high calibre of the young guy running the show.

    I’d be very surprised if David Paradice is not also a large shareholder in Genesis.

    Hawkes Point must now be making a profit on paper, but highly unlikely to consider exiting OBM until the share price fairly reflects 2 declines feeding a 1.2 mtpa of high grade ore through the plant.
    i.e. $200 million plus per annum cashflow (with tax losses Mark)

    remember … you have heard it here first

    https://hotcopper.com.au/data/attachments/5842/5842414-2ce983f5d64fb1cbeac9b134e620d697.jpg


    https://hotcopper.com.au/data/attachments/5842/5842417-fa310252bdb5314aaa6d2816deba8ed2.jpg

    B’chatzlacka to all my dear friends

    LT
 
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