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
33.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $621.9M |
Open | High | Low | Value | Volume |
34.0¢ | 34.3¢ | 32.5¢ | $588.2K | 1.749M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12630 | 33.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 8000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 130591 | 0.320 |
1 | 3333 | 0.315 |
2 | 99100 | 0.310 |
1 | 2425 | 0.300 |
1 | 2000 | 0.285 |
Price($) | Vol. | No. |
---|---|---|
0.350 | 91409 | 2 |
0.360 | 91002 | 2 |
0.365 | 275000 | 3 |
0.375 | 31833 | 2 |
0.380 | 77775 | 4 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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