SBM 7.69% 21.0¢ st barbara limited

Ann: 10 Year Plus Outlook for Simberi, page-14

  1. 553 Posts.
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    Hi Lithos, isn't that the problem, loads of reserves but not producing and the lowest EV/Reserves ratio in the industry.

    They came up with a USD 213m spend to make Simberi commercial but the market isn't buying.

    Show me the money they say! - will take a while to rebuild trust.

    Hope it goes well for you, but I'm catching a different bus!

    Wazz
 
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