OBM 0.00% 33.5¢ ora banda mining ltd

I post up this old thread for a few reasons- some of the banter...

  1. 1,562 Posts.
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    I post up this old thread for a few reasons

    - some of the banter was quite amusing (look for the ‘informed sauce’ )
    - it highlights that Luke started building an underground decline last March 2023 and it was completed in 8 months (bodes well for decline numero 2 in 2024 around Sand King)
    - the Riverina cross section identifies the high grade gold ~15 g/t remaining nearby old workings that was bypassed early in the decline, that I suspect will be mined and processed over coming weeks
    - Warren Buffet has never paid a dividend, but loves buy backs when his stocks are rolling in the cash and look undervalued compared to peers.
    OBM has over $300+ million in accumulated tax losses that I expect will get chewed up over the next couple of years.
    Last edited by Ladytradr: 18/11/23
 
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