SBM have withdrawn all permit submissions including tailings so nil revenue at Atlantic for the foreseeable future effective immediately. Looks like the next few years will be cash burn and holders need to hope there are no hiccups at Simberi. Not sure if they will spend the money to move the processing plant before they receive permits but that might be seen as putting the cart before the horse.
For me, I won't even think about buying back into this disaster until I see board changes. They are probably hoping no one has noticed.
- Forums
- ASX - By Stock
- SBM
- Ann: Fifteen Mile Stream Project Update
Ann: Fifteen Mile Stream Project Update, page-5
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SBM (ASX) to my watchlist
|
|||||
Last
26.0¢ |
Change
0.010(4.00%) |
Mkt cap ! $212.6M |
Open | High | Low | Value | Volume |
25.0¢ | 26.0¢ | 24.5¢ | $951.3K | 3.740M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 223815 | 25.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.0¢ | 519867 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 223815 | 0.255 |
5 | 204141 | 0.250 |
9 | 626837 | 0.245 |
5 | 554000 | 0.240 |
6 | 389141 | 0.235 |
Price($) | Vol. | No. |
---|---|---|
0.260 | 499867 | 9 |
0.265 | 456152 | 14 |
0.270 | 625724 | 15 |
0.275 | 200136 | 7 |
0.280 | 405067 | 13 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
SBM (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online