The main approach to lowering the AISC is to improve the head grade - to do that, the company needs to drill, drill, drill.
To a competent and accomplished operator, the Davyhurst ops are an easy turnaround. It's not just $300m in tax losses - Ora Banda holds a large chunk of a very prolific gold producing belt that is largely under explored.
It's a great turn around story for an experienced operator with minimal risk.
The question though, are Hawkes Point interested in selling and at what price? They hold 60% and that would be a consideration for any prospective bidder. What price are they willing to call it curtains. It seems management still has their support as the 249D attempt failed.
The main approach to lowering the AISC is to improve the head...
-
- There are more pages in this discussion • 70 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OBM (ASX) to my watchlist
 (20min delay)
|
|||||
|
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¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 109998 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| OBM (ASX) Chart |