the above chart illustrates a clear breakout on the upside, and a move for OBM to move to 40 cents rather quickly from here cannot be discounted whilst the AUD gold price is increasing by nearly 1% to 2% overnight
The OBM March quarterly report will hit the table in coming weeks and the commencement of stoping will have a material impact on future ounces to be produced and costs per ounce reducing
April/May is also the window when the commitment to a second decline is activated and by year end 24 the mill could be fed exclusively with much higher grade underground ores.
Its going to be a huge year for OBM shareholders
OBM Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held
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