OBM ora banda mining ltd

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

  1. 2,618 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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(20min delay)
Last
96.0¢
Change
-0.025(2.54%)
Mkt cap ! $1.812B
Open High Low Value Volume
97.5¢ $1.00 96.0¢ $7.613M 7.836M

Buyers (Bids)

No. Vol. Price($)
1 23196 96.0¢
 

Sellers (Offers)

Price($) Vol. No.
97.5¢ 5000 1
View Market Depth
Last trade - 16.19pm 17/09/2025 (20 minute delay) ?
OBM (ASX) Chart
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