Australia's largest stock trading and investment forum Australia's #1 stock forum

SBM

Click for more information

4.55%

31.5¢ st barbara limited

Ann: Quarterly Report Q4 FY24, page-6

First 6 Last

Share
Profile

Follow
Kotaredrew

5,385 Posts.

2876

30/07/24

10:35

Post #: 74977181
Share

Originally posted by sydneyguy: ↑

yeah sorry had the June 2023 qtr figures

View attachment 6349788

So September 2023 was 189m
236 included restricted cash , 189 is the liquidity available

so end sept 189 m cash available to use
End the financial year 147m to use
So cash available to use after operating in 9 months fell 22.8 percent and guidance 10 year plan revised downward in the same month it was presented

No strength, cash dwindling , lucky aud gold went up or result would be much worse - and any weakening of headline realized price or increase in costs , and cash will continue to dwindle , just faster- and it’s paper gains on investments will also reverse

10 year plans on paper looking good mean nothing, sun has a long history of guidance downgrades and it’s ten year plan has changed already, you can reasonably imagine how many changes will be made by 2028—

No return to dividend on the horizon- dilution is more probable imv

Expand

But would there be huge costs of drilling/exploring causing a lot of this cash spend?
If they finish their drilling/exploration at Simberi, would there then be terrific cash flow- as a lowering ASIC & less needed on resource definition.
All pending on their lowering their ASIC of course

Last edited by Kotaredrew: 30/07/24

SBM Price at posting: 20.5¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

PRS

Prospech finds dynamite heavy REE grades from historic core in Finland

Trump is President Again: What Does This Mean for Crypto?

PR1

Nanocap Pure Resources acquires Reedy Creek garnet project, WA

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

There are more pages in this discussion • 13 more messages in this thread...

First 6 Last

Add SBM (ASX) to my watchlist

(20min delay)
Last 31.5¢		Change -0.015(4.55%)		Mkt cap ! $257.7M

Open	High	Low	Value	Volume
33.0¢	33.0¢	30.8¢	$6.836M	21.56M

Buyers (Bids)

No.	Vol.	Price($)
16	759455	31.0¢

Sellers (Offers)

Price($)	Vol.	No.
32.0¢	333627	11

View Market Depth

No.	Vol.	Price($)
16	759455	0.310
22	1508931	0.305
39	1312173	0.300
4	155648	0.295
11	359271	0.290

Price($)	Vol.	No.
0.320	333627	11
0.325	405950	6
0.330	393738	12
0.335	631297	9
0.340	552778	7

Last trade - 16.10pm 11/11/2024 (20 minute delay)

SBM (ASX) Chart

SPONSORED BY