OBM 0.00% 33.5¢ ora banda mining ltd

@littlecornIn researching this I discovered that the $15m bank...

  1. 89 Posts.
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    @littlecorn

    In researching this I discovered that the $15m bank facility was withdrawn earlier in the year, just prior to the last cap raise at $0.17...maybe CBA didn't like what they were seeing?

    Regarding the DFS capital required of ~$45 million haven't they raised double this amount since commissioning through subsequent share placements and asset sales, with a pending requirement for money?

    Also I heard on the news today that the Goldfields were in for a soaking, looking at the rain charts it seems Ora Banda is in the middle of it, a few days of no production due to wet weather isn't going to help with mining productivity or treatment of their "sticking ore".

    These poor people cant seem to get a break!

    Cheers
    LP


    Last edited by LyallPark: 09/11/21
 
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