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2.94%

33.0¢ st barbara limited

Ann: FY23 Financial Report and Appendix 4E, page-48

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hepa82

176 Posts.

92

27/08/23

18:38

Post #: 69573121
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Originally posted by gutumike: ↑

Very true. Many of us have been hoping that SBM have been running the ruler over a number of Australian goldies near to production or in production but needing additional capital to reach their full potential. Although they can't show their hand too early and push up the price of potential target companies, it would be nice to know at least an outline of their strategy going forward.

I for one would be happy for them to sell their overseas assets and focus on building a new company here in Australia. Cash is king at the moment, and if the POG goes up as expected, some of the small undervalued gold companies will see a substantial increase in value. In percentage terms. I think that the potential upside of the smaller companies is greater than many of the established larger producers.

The gold backed international currency being touted by the BRICS countries has just taken another step forward with the admission of 5 more companies into the BRICS Alliance.

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The POG operations are cash flow positive and outperform 2022, If they Focus currently on Simberi only they will have still extra cash flow ongoing

2022 cash cost $2841 per ounce
2023 cash cost $2213 per ounce

SBM Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 33.0¢		Change -0.010(2.94%)		Mkt cap ! $270.0M

Open	High	Low	Value	Volume
34.0¢	34.8¢	32.5¢	$847.7K	2.553M

Buyers (Bids)

No.	Vol.	Price($)
1	99998	33.0¢

Sellers (Offers)

Price($)	Vol.	No.
33.5¢	83653	10

View Market Depth

No.	Vol.	Price($)
1	99998	0.330
6	165539	0.325
9	97530	0.320
3	530000	0.315
6	138871	0.310

Price($)	Vol.	No.
0.335	83653	10
0.340	385615	8
0.345	133787	3
0.350	20000	1
0.355	152726	5

Last trade - 16.10pm 03/10/2024 (20 minute delay)

SBM (ASX) Chart