Thesharemarketfallsareafinancialcrisis-theviruswas/isthecatalyst.'How long will SBM be at $2.30? When it announces a high NPV Simberi Sulphides Project, completion of the Gwalia Extension Project and SBM starts selling gold at a $1,200 AISC margin JP Morgan will not be able to keep the price below $5 when the gold sector starts bubbling.'
HowlongwillSBMbeat$2.30?WhenitannouncesahighNPVSimberiSulphidesProject,completionoftheGwaliaExtensionProjectandSBMstartssellinggoldata$1,200AISCmarginJPMorganwillnotbeabletokeepthepricebelow$5whenthegoldsectorstartsbubbling.
And when there is evidence of that occurring I will buy back in, at the moment regardless of how much 'value' is in SBM it is being caught in the worldwide market crash.
$3.90 valuation by GS updated, page-151
-
- There are more pages in this discussion • 339 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SBM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $167.6M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 20.0¢ | $971.2K | 4.721M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 176195 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 559044 | 5 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| SBM (ASX) Chart |