OBM 8.97% 42.5¢ ora banda mining ltd

Next big target $4000 an ounce, I must assume, page-36

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    https://hotcopper.com.au/data/attachments/6114/6114297-50f81ff59f0cf614228bc3ef25764822.jpg
    after the 2008 crash gold doubled+
    embrace for similar moves
    if 2000$ was a good psychological level, then gold will be 4000$ by next year
    and that will be around 6000 AUD mark
    now what would be the catalyst f ?
    1-recession, and we are in one, who own businesses know that sales are dropping, people aren't buying things
    check out facebook market place how many small business wana bail out
    2- the war will get worse Uncle Joe will get dragged into war, emergency state no election in the states (not spreading doom and gloom- but these are possible sceanrios. the US will go into a very swift, fast war iran first china later)
    3- another black swan that comes out of nowhere
    If the price of gold doubles, gold stocks will move 6x in value but with 3-6 months lag.
    many people put their losing position in the last draw but now its the opposite
    Buy your gold assets count OBM in kindly, cos its gona go to new highs
    put them in bottom draw, u are set then just forget.



 
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Last
42.5¢
Change
0.035(8.97%)
Mkt cap ! $789.4M
Open High Low Value Volume
40.5¢ 43.8¢ 40.5¢ $4.676M 11.16M

Buyers (Bids)

No. Vol. Price($)
1 25555 42.0¢
 

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Price($) Vol. No.
42.5¢ 109998 2
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
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