OBM 4.42% 54.0¢ ora banda mining ltd

Underground gold grades likely to increase

  1. 1,722 Posts.
    lightbulb Created with Sketch. 1111
    https://hotcopper.com.au/data/attachments/5892/5892565-9b4929988f42d0bdc97b9f7b1c82719a.jpg
    This is the most important statement in the Dec quarterly imho.

    Those previously announced reserve grades (4.3 g/t from memory) to be mined in the underground campaigns at Riverina are now looking very conservative.
    (No great surprise to me)

    I think we can confidently expect that this decline will eventually be pulling out 600,000 tpa at grades comfortably above 5 g/t (~100,000 ozs + pa, per decline, when steady state mining is established in coming months).

    Something similar at Sand King in 12 months time will have this company flying
 
watchlist Created with Sketch. Add OBM (ASX) to my watchlist
(20min delay)
Last
54.0¢
Change
-0.025(4.42%)
Mkt cap ! $1.005B
Open High Low Value Volume
57.5¢ 59.5¢ 52.3¢ $5.519M 9.910M

Buyers (Bids)

No. Vol. Price($)
2 75778 53.5¢
 

Sellers (Offers)

Price($) Vol. No.
54.0¢ 276212 2
View Market Depth
Last trade - 16.10pm 05/09/2024 (20 minute delay) ?
OBM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.