SBM 3.37% 46.0¢ st barbara limited

Ann: 30 June 2014 Financial Report and Appendix 4E, page-6

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  1. 9,598 Posts.
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    I have to agree with you there !

    It sounds like Gold Ridge will be passing on to the Solomon Islands Gov's care with some significant environmental bond lodged....

    As for Simberi, well the operating cost just keep on increase....

    Simberi unit cash operating costs for the year were $2,136 per ounce (10 months to June 2013: $1,294 per ounce), reflecting the impact of lower than expected production, higher mining costs from the write off of waste material moved and higher than planned maintenance costs on the plant. Total Cash Operating Costs at Simberi during the year were higher than the prior year at $94,520,000 (10 months to June 2013: $59,018,000) due to the twelve month period and higher operating costs.
 
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