OBM 0.00% 43.0¢ ora banda mining ltd

At steady state production of 100,000 ounces per annum the AISC...

  1. 1,630 Posts.
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    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.
 
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