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??
- Forums
- ASX - By Stock
- OBM
- The ‘golds must be crazy’
The ‘golds must be crazy’
- There are more pages in this discussion • 210 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OBM (ASX) to my watchlist
(20min delay)
|
|||||
Last
32.0¢ |
Change
0.020(6.67%) |
Mkt cap ! $593.4M |
Open | High | Low | Value | Volume |
30.5¢ | 32.0¢ | 30.3¢ | $557.8K | 1.763M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 42901 | 31.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.0¢ | 135018 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 42901 | 0.310 |
1 | 9983 | 0.305 |
5 | 118982 | 0.300 |
1 | 271186 | 0.295 |
1 | 1035 | 0.290 |
Price($) | Vol. | No. |
---|---|---|
0.320 | 135018 | 3 |
0.325 | 20000 | 1 |
0.330 | 105111 | 3 |
0.335 | 1600 | 1 |
0.340 | 20000 | 1 |
Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
|
|||||
Last
31.8¢ |
  |
Change
0.020 ( 7.63 %) |
|||
Open | High | Low | Volume | ||
30.0¢ | 31.8¢ | 30.0¢ | 377321 | ||
Last updated 15.59pm 26/04/2024 ? |
Featured News
OBM (ASX) Chart |