The targeted AISC for OBM has been estimated previously at $1650 to $1750 (once steady state production from underground mining)
the future margin at current gold prices must now be ~$1700 an ounce
150,000 ounces x $1700 = $255 million potential annualised cashflow
current market capitalisation is $516 million
So … It is very easy to see how these things can really ramp up on successful execution of the second underground and continued strength in gold prices
The targeted AISC for OBM has been estimated previously at $1650...
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Last
31.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $584.8M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 32.0¢ | 31.0¢ | $315.9K | 1.011M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 112158 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 56000 | 2 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
31.5¢ |
Change
0.000 ( 1.61 %) |
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| Open | High | Low | Volume | ||
| 31.0¢ | 32.0¢ | 31.0¢ | 209707 | ||
| Last updated 15.59pm 13/05/2024 ? | |||||
| OBM (ASX) Chart |