Messenger3,
Don't ever just use cash costs per ounce for analysis because it doesn't take into account capital costs etc. E.g. it might take millions to access the ore body, but that isn't included (usually anyway, some do but only in tax favourable instances). Make no mistake, SBM is a high cost producer. The upside exists in that they are thus very leveraged to the POG. Thatch why I hold, and $5 will be taken out in a few years when gold is north of $4k... that's my opinion anyway.
price target $5, page-11
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Last
35.0¢ |
Change
0.015(4.48%) |
Mkt cap ! $286.4M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 36.0¢ | 33.0¢ | $1.710M | 4.908M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 131098 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 661343 | 9 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| SBM (ASX) Chart |