OBM 8.97% 42.5¢ ora banda mining ltd

underpriced and undersold, page-2

  1. 280 Posts.
    lightbulb Created with Sketch. 44
    The grade from Riverina will be interesting in the first quarter report (March Quarter) currently reported at 1.3gpt but one would assume that would improve

    If they are flat lodes and insufficient dilution has been allowed the head grade to the mill may be less than the reserve grade of 1.8gpt

    The June quarter will tell us more.

    Costs in the industry are in general increasing

    A lot of staff in the office at Kings Park Road with another heavyweight added at $550,000 + pa

    Track record at Wolff in the UK ended up ugly
 
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