I think your prediction is pretty good around cash balance.
I did do a cash forecast earlier on the year. Which was dismissed bit proven correct by a single month.
What concerns me is the rising cost seen by industry.
Fuel is up, cyanide up, labour is up.
All the gold miners have had a a shocker 1/4.
They couldn't break even last 1/4 if they do now it will be only by accounting magic.
If Davycurst has a " good one" against the tide, I'd expect they won't be able to back it up 1/4 on 1/4.
OBM have only torched $~400 million, page-11
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Last
84.5¢ |
Change
0.035(4.32%) |
Mkt cap ! $1.576B | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 85.5¢ | 82.0¢ | $8.348M | 9.917M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16952 | 84.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.5¢ | 43695 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| OBM (ASX) Chart |