There will be no need for a cash issue.
WES have another $20 million coming in soon
processing is cash flow positive and money in the bank
this is your last opportunity to consider buying in low 20’s ahead of broker research
LC has alluded to Riverina update next week (my suspicion is underground grades may be shaping up to be higher than reserve grades of 4.3)
Broker presentations this week indicated OBM are targeting 2 undergrounds by early 2025 supplying 100% of ore generating cashflows in the magnitude of $150 million plus 2025
No better chart … no more obvious breakout, page-326
Add OBM (ASX) to my watchlist
 (20min delay)
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Last
33.0¢ |
Change
-0.005(1.49%) |
Mkt cap ! $621.9M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.8¢ | 33.0¢ | $182.9K | 549.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 206044 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 35448 | 3 |
View Market Depth
| Last trade - 14.41pm 28/05/2024 (20 minute delay) ? |
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Last
33.5¢ |
Change
-0.005 ( 0.27 %) |
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| Open | High | Low | Volume | ||
| 33.5¢ | 33.5¢ | 33.0¢ | 186711 | ||
| Last updated 14.44pm 28/05/2024 ? | |||||
| OBM (ASX) Chart |