OBM 4.00% 36.0¢ ora banda mining ltd

If Hawkes not buying … they may be selling later this year, page-43

  1. 1,580 Posts.
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    Yes, we are both on the same side thanks zog.
    Given you are close to Luke, could you please ask him to explain to you what ‘high grading’ is in practise.

    My understanding is that a clearly defined underground mine plan over a 5/10 year period will not be high grading.
    High grading would be ripping out only the most valuable ores (sugar hit) that would be make it uneconomic to access material for later years (and certainly not what would be planned here).

    over the coming 12/18 months the underground reserve/resourse position for OBM will grow most markedly … (we only need to look at cross sections and the much clearer understanding of the geology to know that).

    Luke will truly be waiting for your call zog.
 
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