[Video] Ora Banda Mining Set To Undertake 21M Placement, page-23

Only miner who did not have start up problems - I recall was Sanfire, and they had 5% surface copper.

OBM only started processing the ore in Feb......and it was the poorer grade ore from within their JORC life of mine, that unsurprisingly was delivered for processing first.

Problems yes - but really and truely, I was happy to buy more shares today. See below what company said only 3 weeks ago.

Very good comment here......, except if you look at the market depth screens and have the SP as your be all, end all to determine company fundamentals. (and despite what they say here)

- maybe to use your ability to calmly work it out - that indeed it is possible the low grade ore problems....as they explained- are all but behind the company now)

So called investors who took part in the raise - most of them have never heard of OBM....just look to stag profit sell off their 17 cent buy. Hard to sympathize for them, in view of the current SP - a few days on.

In days past, my broker organized my takeup in these placements - for the equivalent number of shares to immediately (that day) be short sold, therefore to lock in and beat the time it takes for placement shares to hit accounts. Thus the problem stag sellers in the placement - who have zero interest in the company, are experiencing today. I hate CR's...especially with these teams of so called sophisticated investors, whose only involvement, is to chase a couple pips.

So the point is - selling is not fundamentally related. To read what thec ompany have to say..... have to say and weight up risk to reward here. It is a nice opportunity here - I think.
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So this is from the company on 27 May - a few weeks ago.

Missouri open pit mining on schedule to commence in June 2021, with key items of the mining fleet and site facilities delivered to site. Missouri is a source of higher grade, harder primary ore feed which will improve mill throughput and gold production.

• Riverina open pit mining operations continue to perform ahead of plan, with increasingly harder transitional and primary material being mined from June 2021.

• Golden Eagle underground mining operations have increased production rates during May 2021 following the successful introduction of specialised mining equipment, providing increased quantities of primary ore. Davyhurst Processing Plant

• Process plant throughput continues to be negatively impacted by the high proportion of viscous, low density oxide material within the initial Riverina ore blend.

• Increasingly harder transitional and primary material from Riverina together with increasing quantities of primary ore from Golden Eagle and the commencement of primary ore deliveries from Missouri in late June will see a more uniform ore blend available for processing at Davyhurst from July.

• This more uniform ore blend is expected to increase monthly gold production to DFS levels during