Shaping up that Ramelius may be very shortly paying north of $1 billion for 160,000 ounces a year of gold production from Beta Hunt and Higginsville.
Assuming 2 underground operations at Riverina district are operating by year end, producing over 150,000 ounces annualised … OBM must look attractive value at $470 million market cap. with a nicely refurbished and upgraded plant, net debt free balance sheet, and open ended exploration upside.
Mergers & acquisitions on the rise in the golds
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Last
37.0¢ |
Change
0.015(4.23%) |
Mkt cap ! $686.9M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 37.5¢ | 35.5¢ | $602.1K | 1.647M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 13231 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 167253 | 9 |
View Market Depth
| Last trade - 14.53pm 20/06/2024 (20 minute delay) ? |
| OBM (ASX) Chart |