SBM 2.17% 23.5¢ st barbara limited

Ann: December 2019 Half Year Report and ASX Appendix 4D, page-107

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    Perhaps see more improvement in the June quarter, but the full benefit of GEP should start to flow through to SBM's bottomline profits from the September quarter. So its a waiting game, and hoping that Atlantic keeps delivering. The gold price is difficult to estimate - seems to be based on the impact of Coronavirus on world economies, CB policies, govt gold purchases, and US politics. Jewelry gold demand is down which could be a problem for the POG if we go into a global economic recession.

    loki
 
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