At steady state production of 100,000 ounces per annum the AISC has already been estimated at $1650 an ounce.
On a gold price of A$3250 it follows that ~$160 million per annum may be staying in the system.
You only need to look at the sharp build up of cash reserves in mid tier gold companies like Silver Lake, Ramelius, Persius etc to fully appreciate the leverage OBM offers at these prices over the next 12/24 months.
Overlay that then with the potential implications of having 3 boutique underground developments feeding an expanded processing plant 1.8 mtpa x 4.3 g/t + (I think ~ 240,000 ounces pa)
I think we may be in just the right place, at just the right time.
- Forums
- ASX - By Stock
- The ‘golds must be crazy’
At steady state production of 100,000 ounces per annum the AISC...
-
- There are more pages in this discussion • 152 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OBM (ASX) to my watchlist
|
|||||
Last
43.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $798.7M |
Open | High | Low | Value | Volume |
42.5¢ | 43.5¢ | 41.5¢ | $560.6K | 1.306M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4 | 43.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
43.5¢ | 4431 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4 | 0.430 |
1 | 33000 | 0.425 |
2 | 114000 | 0.420 |
3 | 155711 | 0.415 |
2 | 17220 | 0.410 |
Price($) | Vol. | No. |
---|---|---|
0.435 | 4431 | 1 |
0.440 | 163966 | 5 |
0.445 | 23000 | 1 |
0.450 | 191259 | 6 |
0.460 | 4750 | 1 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
Featured News
OBM (ASX) Chart |