OBM 2.33% 42.0¢ ora banda mining ltd

Gold is getting harder to find

  1. 1,632 Posts.
    lightbulb Created with Sketch. 1059
    The gold mining industry is struggling to sustain production growth as deposits of the yellow metal become harder to find, said the World Gold Council

    If you aren’t set in a well managed emerging high grade gold producer, you may be going to miss out on one of the most exciting commodity cycles of a century (in my opinion).

    Any new greenfield gold discovery would takes years and $100’s of millions to plan and develop.

    Ora Banda already has the foundations built, we have the existing production capabilities, debt free, open ended exploration potential and one of the most competent contemporary underground mining executives in the industry running our show.

    fasten seat belts for the ride of a life time over the coming years

    https://hotcopper.com.au/data/attachments/6235/6235572-b00226587382264de962234f83de085b.jpg

    the above chart indicates the stock price is knocking onto the ceiling at 35 … once through that level I’m expecting a very good move forward
 
watchlist Created with Sketch. Add OBM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.