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67.0¢ ora banda mining ltd

Wrong have you calculated the recent drill numbers?

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quickthinker

3,463 Posts.

355

10/07/21

20:45

Post #: 54419252
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Originally posted by Dragone64: ↑

I admit that I sold 2/3 of my position already in January/February at an SP of 25 cents. I didn't like the lack of re-rating after the first gold bar was poured - and I didn't like the development in the coming months. So what to do? Well, I think that the SP reflects the current situation and that means from my point of view that OBM probably has a production problem and that this has not yet been solved. The capital increase was not exactly a good sign either. So I'll wait and see - but if the SP is below 15 cents, I'll have to start slowly building up my position again. Personally, I don't think much can be expected from Ora Banda in the next 3-6 months. Then let's see if they can get production fully under control - better to buy at 20 cents and to be sure that everything goes fine instead of buying now and realize in a few months that the issues are more serious as we think.

PS. a take over at a cheap price can also not be excluded completely......

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Wrong have you calculated the recent drill numbers?

OBM Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 67.0¢		Change 0.005(0.75%)		Mkt cap ! $1.248B

Open	High	Low	Value	Volume
66.5¢	68.0¢	65.8¢	$2.996M	4.469M

Buyers (Bids)

No.	Vol.	Price($)
5	215070	66.0¢

Sellers (Offers)

Price($)	Vol.	No.
67.0¢	29132	4

View Market Depth

No.	Vol.	Price($)
5	215070	0.660
1	41010	0.655
4	82436	0.650
2	18000	0.640
1	15873	0.630

Price($)	Vol.	No.
0.670	29132	4
0.675	66010	2
0.680	359534	9
0.685	231644	6
0.690	322304	17

Last trade - 16.10pm 16/10/2024 (20 minute delay)

OBM (ASX) Chart

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