OBM 0.00% 31.0¢ ora banda mining ltd

Underground gold grades likely to increase

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    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
 
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