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 right place … at the right time, page-3
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Last
33.5¢ |
Change
0.015(4.69%) |
Mkt cap ! $621.9M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.5¢ | 31.5¢ | $304.2K | 938.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30769 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 48808 | 5 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
33.0¢ |
Change
0.015 ( 4.36 %) |
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| Open | High | Low | Volume | ||
| 33.0¢ | 33.0¢ | 31.5¢ | 156351 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| OBM (ASX) Chart |