OBM 2.70% 38.0¢ ora banda mining ltd

OBM has a capitalisation of ~ $185 million (at 11.5 cents, based...

  1. 1,577 Posts.
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    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??

    https://hotcopper.com.au/data/attachments/5177/5177069-48e054c70936770fce4ca4e56c55e482.jpg
    Last edited by Ladytradr: 04/04/23
 
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Last
38.0¢
Change
0.010(2.70%)
Mkt cap ! $705.5M
Open High Low Value Volume
36.5¢ 38.5¢ 36.0¢ $1.592M 4.256M

Buyers (Bids)

No. Vol. Price($)
1 50000 36.0¢
 

Sellers (Offers)

Price($) Vol. No.
38.0¢ 150985 2
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Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
37.5¢
  Change
0.010 ( 2.66 %)
Open High Low Volume
37.0¢ 38.5¢ 36.0¢ 1661989
Last updated 15.59pm 14/06/2024 ?
OBM (ASX) Chart
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