SBM st barbara limited

1.64%

30.0¢

Ann: Genesis merger, Leonora production and guidance update, page-49

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oldgold64

3,290 Posts.

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16/04/23

20:12

Post #: 67300674
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Originally posted by bikemad: ↑

This is a complete joke. Genesis have nothing, no gold reserve at this time. St Barbara have to do all the heavy lifting and yet all the onus is on St Barbara.

St Barbara suspended the development of the Zoroastrian mine and diverted their resources to develop Ulyssis (owned by Genesis) What kind of idiot management does that before a merger is completed. Let Genesis develop their own assets with their own money and process it in their own plant and see how that goes for them.

Why is St Barbara buying Genesis at all? If Genesis is so keen on the St Barbara assets, they should be buying St Barbara. In my opinion this whole deal stinks. There is something definitely not right here.

At AUD $3,006 gold price St Barbara should can this deal and go it alone. The board would have to go and with new competent management they would have no problem raising funds which could be paid down very quickly.

If St Barbara merged with Red 5 they would be going gang busters now instead of being caught up with a group that has nothing, but wants everything for nothing.

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ZOROASTRIAN, I wonder if you have any idea of the significance of these names given to mines and mining companies, such as PHEONECIAN METALS & ZOROASTRIAN ,
any body who is across the JESUIT WORLD ORDER will know exactly who the CRETINS managing these mining companies belong to. Unlike our uninvited hostile takeover posters on this forum, I'm totally aware of the dark entities in the mining sector and who there masters are.

SBM Price at posting: 64.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 30.0¢		Change -0.005(1.64%)		Mkt cap ! $324.8M

Open	High	Low	Value	Volume
31.0¢	31.5¢	30.0¢	$1.090M	3.573M

Buyers (Bids)

No.	Vol.	Price($)
7	454995	30.0¢

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Price($)	Vol.	No.
30.5¢	109231	2

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No.	Vol.	Price($)
3	385228	0.300
4	172191	0.295
7	152570	0.290
8	519472	0.285
26	1167507	0.280

Price($)	Vol.	No.
0.305	109231	2
0.310	250000	3
0.315	75714	1
0.320	244911	13
0.325	336131	5

Last trade - 16.10pm 25/07/2025 (20 minute delay)

SBM (ASX) Chart

Ann: Genesis merger, Leonora production and guidance update, page-49

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Ann: Genesis merger, Leonora production and guidance update, page-49

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