History has shown that the best way of playing a strong bull market in gold prices is to own a growing producer, like OBM.
Based on recent presentations, I think we can expect OBM gold production to progressively build from ~65,000 to 150,000 ounces annualised over 12 months
Most gold charts are also looking HOT
OBM share register is now populated with some interesting overseas gold funds who will no doubt attract more investor funds as gold rises, that will need to be ploughed in listed producer stocks.
my gut feeling is that we are definitely in the right stock, at exactly the right time.
you can see 40 - 50 cents is firmly in my sights
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Last
63.0¢ |
Change
-0.005(0.79%) |
Mkt cap ! $1.173B |
Open | High | Low | Value | Volume |
64.0¢ | 64.5¢ | 62.0¢ | $3.542M | 5.614M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100 | 62.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
63.5¢ | 47576 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100 | 0.625 |
4 | 26734 | 0.620 |
1 | 100 | 0.615 |
3 | 41603 | 0.610 |
6 | 17716 | 0.600 |
Price($) | Vol. | No. |
---|---|---|
0.640 | 8910 | 2 |
0.645 | 122903 | 3 |
0.650 | 88500 | 2 |
0.660 | 69000 | 2 |
0.670 | 25356 | 1 |
Last trade - 16.10pm 20/09/2024 (20 minute delay) ? |
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OBM (ASX) Chart |