SBM 2.33% 21.0¢ st barbara limited

Ann: Quarterly Report September 2013 , page-8

  1. 8,033 Posts.
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    Come on fellas
    It's not all bad
    Costs at $1320 means cash flow positive
    This to me means that going forward the cash position will improve

    Can't see a massive lift in the POG
    But I can see a fall below 90 cents for the AUD

    46 cents is looking like a buy for me
    Willing to top up at lower prices

    Anything can happen but $2 in a year or two may be out of reach
    Unless something big happens

    Still there is money to be made at these prices

    Imoo
 
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