Hi All,
I've must admit I've been a bit lost on the talk about Geologists not doing their job and bad board decisions.
Looking at the figures quote of each and every mine not performing based on grade mined v resource.
Combining this with the sale of the "non core" Mt Ida project and the subsequent discovery that the Lithium has been over looked is a another extremely damaging event.
So if the market cap of the company has dropped by over $175,000,000 due to poor grade being mine and the fact RDT has turned a $11 million project into another $80,000,000 of value for their shareholders it could be said that the board and geologist at OBM have seen ~$255,000,000 of value disappear for their shareholders?
Surprising that nobody has lost their job, resigned or not put forward for re election?
Talk about ars.. covering, page-19
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59.0¢ |
Change
0.020(3.51%) |
Mkt cap ! $1.098B | |||
| Open | High | Low | Value | Volume |
| 59.0¢ | 59.5¢ | 57.5¢ | $3.837M | 6.558M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45638 | 58.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.0¢ | 99498 | 3 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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