OBM 0.00% 33.5¢ ora banda mining ltd

Momentum indicator has a crossover today saddle up for another...

  1. 1,562 Posts.
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    Momentum indicator has a crossover today

    saddle up for another upward move I suspect

    makes sense as that high grade underground development ore is probably waiting for Jan processing and next the Byrnecut lads will be moving that gear to prepare for the stoping in Feb.

    Dec 23 quarterly report expected to demonstrate an ASIC of ~$2350 per ounce, with further cost savings per ounce to be seen in March 24 quarter (below $2,000 perhaps) … progressively grinding the way down to $1750 cost per ounce once underground operation is mining at stabilised rate of 600,000 tpa.

    https://hotcopper.com.au/data/attachments/5849/5849780-bf543ff14e652c85cd07a6d1f5eba8f5.jpg
 
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