OBM 2.56% 40.0¢ ora banda mining ltd

Newspaper Commentary, page-12

  1. 284 Posts.
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    It is either 4 or 7 not sure and I have been around for a long time

    I am told by a Hartleys broker IF they raise the money sought at $40million at 1cent,EGS will have +$20million in the till and an enterprise value of $70million after the reconstruction

    Extremely well explored tenements by at least 4 or 7 companies who have died trying,good for administrators/receivers and brokers who rarely are at risk other than the reputational risk BUT with 45 advisors/brokers to feed Hartleys sure have a monster by the tail BUT do they care??

    A very predictable end result coming but at least Goldfields based suppliers may not be caught this time

 
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