The Australian gold mines are no doubt profitable at the current PoG. However, the south Pacific gold mines (Simberi and Gold Ridge) are the liable assets with operational problems.
One way for SBM to survive is to spin off Siberi & Gold Ridge into a separate subsidiary company. In effect a de-merger, may be they can call it Allied Gold NL... Sounds funny isn't it ?...
More upside than down !!, page-12
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Last
33.0¢ |
Change
0.005(1.54%) |
Mkt cap ! $270.0M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 35.0¢ | 33.0¢ | $3.529M | 10.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 464135 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 1700 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| SBM (ASX) Chart |