There are some positives in the fact that SBM can now pay down their Canadian enviro bonds, and also senior debts and will have a strong cash position.
They may buy other exploration projects ready to mine, develop these which will present value, or upgrade CAPEX of the other two; Canadian and PNG mines that may decrease AISC
Also if SBM shareholders get 100% of those GMD shares, it is just a slight of hands, but we are still short-changed in the short term.
Ann: Genesis merger, Leonora production and guidance update, page-65
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Last
39.5¢ |
Change
0.025(6.76%) |
Mkt cap ! $323.2M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 39.5¢ | 37.0¢ | $1.826M | 4.767M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3700 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 305816 | 10 |
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| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| SBM (ASX) Chart |