OBM has a capitalisation of ~ $185 million (at 11.5 cents, based on 1.61b shares)
Cash/gold of at least $30-40 million (with little/no debt)
Replacement value of assets (plant, energy, accommodation, reserves, resources) estimated by our OBM executive at ~ $560 million (34.7 cents per share)
First selective high grade underground development at Riverina now committed and funded that should materially increase (by ~50%+) head grades and lower costs by Nov 2023
AISC guidance A$1750, once production forecast of 100,000 ounces annually achieved (at current gold prices that’s $115 million per year profit!)
A second higher grade underground development is now being targeted at Missouri.
Ongoing deep drill program at least until end 2023
Over $300 million in accumulated tax losses
Proven, experienced, highly motivated, professional senior management team.
seriously …. What more could a good gold god possibly want when $A gold prices ultimately crack through the A$3,000 barrier??
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Last
56.3¢ |
Change
-0.003(0.44%) |
Mkt cap ! $1.051B |
Open | High | Low | Value | Volume |
56.0¢ | 56.3¢ | 55.0¢ | $845.9K | 1.514M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 217605 | 55.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
56.0¢ | 31545 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 79156 | 0.550 |
10 | 62591 | 0.545 |
8 | 91436 | 0.540 |
3 | 18661 | 0.535 |
10 | 66431 | 0.530 |
Price($) | Vol. | No. |
---|---|---|
0.555 | 26924 | 6 |
0.560 | 29278 | 8 |
0.565 | 61683 | 6 |
0.570 | 164751 | 12 |
0.575 | 102163 | 6 |
Last trade - 10.33am 29/08/2024 (20 minute delay) ? |
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