ASX:OBMMetals and Mining
Did Record FY26 Results and Sand King Ramp-Up Just Shift Ora Banda Mining's (ASX:OBM) Investment Narrative?
Ora Banda Mining Limited has reported full-year results for the period ended June 30, 2026, with sales rising to A$807.5 million and net income reaching A$216.2 million, both higher than the prior year.
The ramp-up of the Sand King underground mine and the move to a two-mine model have underpinned record production, stronger profitability, and a reinforced balance sheet through higher resources, reserves, and liquidity.
We will now examine how the successful Sand King ramp-up and resulting...