SBM 2.33% 21.0¢ st barbara limited

SBM ready to fly

  1. 250 Posts.
    lightbulb Created with Sketch. 1
    Here`s a spreadsheet showing the SBM profit margin as the AUD falls. Few will disagree that the Aussie (and the POG) is going down, but especially the Aussie. I'm a assuming a worst case average of POG 1000 us/oz,
    the Orange line is as they are today (same rates) note the profit is 34%. In any case with numbers like these (and provided they keep delivering the oz's) SBM is a very solid little earner, as Arthur would say.

    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 Column 9
    0 SBM PROFIT ye16              
    1 AUD POG $US POG $AUD Consolidated AISC PROFIT MARGIN EST PRODUCTION AVERAGE EBITDA (EX new drilling)  
    2                  
    3 0.74 1000 1,351 1007 344 25 350000 $120,522,973  
    4 0.73 1000 1,370 1007 363 26 350000 $127,002,055  
    5 0.72 1095 1,521 1007 514 34 350000 $179,841,667 TODAY
    6 0.71 1000 1,408 1007 401 29 350000 $140,507,746  
    7 0.7 1000 1,429 1007 422 30 350000 $147,550,000  
    8 0.69 1000 1,449 1007 442 31 350000 $154,796,377  
    9 0.68 1000 1,471 1007 464 32 350000 $162,255,882  
    10 0.67 1000 1,493 1007 486 33 350000 $169,938,060  
    11 0.66 1000 1,515 1007 508 34 350000 $177,853,030  
    12 0.65 1000 1,538 1007 531 35 350000 $186,011,538  
    13 0.64 1000 1,563 1007 556 36 350000 $194,425,000  
    14 0.63 1000 1,587 1007 580 37 350000 $203,105,556  
    15 0.62 1000 1,613 1007 606 38 350000 $212,066,129  
    16 0.61 1000 1,639 1007 632 39 350000 $221,320,492  
    17 0.6 1000 1,667 1007 660 40 350000 $230,883,333  
    18 0.59 1000 1,695 1007 688 41 350000 $240,770,339  
    19 0.58 1000 1,724 1007 717 42 350000 $250,998,276  
    20 0.57 1000 1,754 1007 747 43 350000 $261,585,088  
    21 0.56 1000 1,786 1007 779 44 350000 $272,550,000  
    22 0.55 1000 1,818 1007 811 45 350000 $283,913,636  
    23 0.54 1000 1,852 1007 845 46 350000 $295,698,148  
    24 0.53 1000 1,887 1007 880 47 350000 $307,927,358  
    25 0.52 1000 1,923 1007 916 48 350000 $320,626,923  
    26 0.51 1000 1,961 1007 954 49 350000 $333,824,510  
    27 0.5 1000 2,000 1007 993 50 350000 $347,550,000  
    Last edited by MulgoaN: 28/07/15
 
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