SBM 2.44% 21.0¢ st barbara limited

looks set for a run, page-26

  1. 608 Posts.
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    Blacks, where do you see this is an upbeat report.

    I read it like Gold Ridge and Simberi could break the neck of SBM. They paid far too much for the deal, the grade is too low and thus operating cost by far too high. Even if they have bought new power generators, I cannot see how they will make a profitable mine out of them.

    GLTA

    Five
 
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