OBM 3.09% 50.0¢ ora banda mining ltd

The ‘golds must be crazy’, page-205

  1. 1,390 Posts.
    lightbulb Created with Sketch. 202

    https://hotcopper.com.au/data/attachments/6110/6110531-5db0f6c65ae8cdd72052aafbe0e1d350.jpg

    2016- 2024 OBM was consolidating . the big picture pattern is showing green / red under 34-35 c
    if it breaks out to the upside the move will be way higher
    the recent large green candles now are signs of buyers appetite still strong. and for now there are few sellers.

    THIS GONNA BE THE BASE OF THE BIG BULL FLAG


    and what could cause it?
    a possible discovery since there is ongoing drilling and/or a TO offer at a premium?

    in one of Lukes' presentations, dig and dealers, he mentioned
    when hawks point asked him to go and have a look at OBM tenements before he joined
    he was amazed by OBM having these assets. which means that there is plenty of gold and the projects have huge potential.
    and he seized the opportunity.
    his expertise + the gold = success that's from the operational side
    hawks point + the management board= success with the money side of things/ strategy


    i am trying put the picture together, not trying to ramp-up
    its my thought and observation, i could be wrong
 
watchlist Created with Sketch. Add OBM (ASX) to my watchlist
(20min delay)
Last
50.0¢
Change
0.015(3.09%)
Mkt cap ! $929.7M
Open High Low Value Volume
49.0¢ 50.8¢ 49.0¢ $3.797M 7.645M

Buyers (Bids)

No. Vol. Price($)
17 100379 49.5¢
 

Sellers (Offers)

Price($) Vol. No.
50.0¢ 55648 7
View Market Depth
Last trade - 13.42pm 19/08/2024 (20 minute delay) ?
OBM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.