I have a gut feeling that we may get an update very soon on how things have been shaping up on underground ore reconciliations and recent processing performance.
There are also a couple of key factors that may influence past estimates on 4.3 g/t reserve grades,
- what was the upper cut-off level used for that calculation? (I’m hearing it may have been 20 g/t, and they may be finding some nice juicy veins with much higher grade than that … which would be a bonus)
- what mining width was assumed on the 4.3g/t? (I’m hearing they may be using a narrower mining methodology… so taking less lower grade/waste off the sides)
until OBM have 2 undergrounds in operation they will need to blend … but recent report indicates a good chunk of that lower grade is already mined (and costed) and stockpiled on the pad (so will be low cost)
June 24 quarterly report should be a real cracker … imho
I have a gut feeling that we may get an update very soon on how...
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Last
57.5¢ |
Change
-0.025(4.17%) |
Mkt cap ! $1.070B | |||
| Open | High | Low | Value | Volume |
| 59.0¢ | 59.5¢ | 57.0¢ | $1.716M | 2.955M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3228 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 48843 | 4 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| OBM (ASX) Chart |