ASX Small Cap Stocks having High Growth Potential

ASX Small Cap Stocks having High Growth Potential

Veye - Between Bulls & Bears Veye - Between Bulls & Bears

Veye - Between Bulls & Bears

Between Bulls & Bears

发布日期: 2025年1月21日
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Ora Banda Mining Limited (ASX: OBM)

Ora Banda Mining Limited (ASX: OBM) reported strong progress for the December 2024 quarter, reflecting continued growth and successful underground operations. The company increased its cash reserves to $57.8 million, up $9.1 million from the prior quarter, despite a $30.8 million investment in growth initiatives. Key highlights include the sale of 22,288 ounces of gold, bringing total sales for the first half of FY25 to 47,824 ounces. The Riverina Underground operation achieved payback in just 18 months, delivering higher-than-expected grades and strong cash flow. The Sand King Underground project is on track, with first ore mined in December 2024, and the ramp-up to steady state production is progressing as planned.

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