OBM 8.97% 42.5¢ ora banda mining ltd

What will they do with all the free cashflow, page-18

  1. 12,821 Posts.
    lightbulb Created with Sketch. 1834
    Just came across this recent April interview on Youtube>>>




    some tasty updates ...I found on the above clip if I heard it right>>>

    With the right ore blend throughput Daveyhurst could be increased past 1.3Mtpa

    we have been at full production - 100kt per month for the last couple weeks of March  (50kt)

    April will be the first month of nameplate 100kt production - so commercial production has been reached

    free-cashflows will be invested back into the drill-bit to drive LOM Reserve Growth and hunt higher grades to lift overall Production numbers 90koz+ pa..

    Been buying a few more today would like to get back to 500k shares once again... we must be days away from ann on commercial operations meeting targets should see SP break 30c once again
    Last edited by Sharetrader78: 14/04/21
 
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