$1.50 plus by Christmas 2025?

Below is the latest chart on OBM

interesting today the price has traded above the recent highs again.

Does anyone discount the potential of this price improving to be above $1.50 by Christmas 2025?

potential catalysts for such a strong move could be;

- upcoming Sept quarterly report (Oct) that is hoped to confirm a sound, progressive ramp up of the gold production required to achieve the annual guidance of ~150,000 ounces per annum
- further strength in $A gold price to ~A$6,000
- high grade confirmation of good assay results from Little Gem/Sunraysia and surrounds
- earlier confirmation of the building a new 3 mtpa processing plant at Davyhurst
- increased M & A activity in mid tier Australian gold producers