The ‘golds must be crazy’

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??