OBM 3.45% 42.0¢ ora banda mining ltd

Next big target $4000 an ounce, I must assume, page-88

  1. 1,648 Posts.
    lightbulb Created with Sketch. 1068
    Agree 100% iRyan, cream will always float to the top

    who could possibly justify selling a gold producer that currently shapes up to produce gold at the rate of 150,000 ounces per annum, at a projected margin of ~$2,000 an ounce?

    $300 million positive cashflow overlayed on a market cap. of less than $900 million

    When that increased production unfolds over the next 12 months, I can investigate a capitalisation similar to BRL currently (i.e. over $2 billion)
 
watchlist Created with Sketch. Add OBM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.