china is falling aprttrump may well get back inUkraine...

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batboy

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16/10/24

13:56

Post #: 76148481
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Originally posted by akkopower: ↑

what can they actually achieve short term?

currently 70k oz per year at a cost $3600 per oz. At $4000 per OZ that’s $30mill per year in profit. the company is currently valued about $100 mill above their cash position.

I cannot see how their current operations can push the share price much higher (apart from gold price increasing substantially). We are still a few years away from the ramped up production at Simberi. Management have also stated Canadian assets are on hold until the Simberi development is completed.

we could be trading at $2,$3,$4,$5 or $6+ one day, that’ll be a few years away pending a lot of hurdles have been jumped.

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china is falling aprt
trump may well get back in
Ukraine
palestine

gold is going higher
interest rates going down

the big boys will be looking to buy ounces with life asap

nice target
im stocked I bought in

SBM Price at posting: 39.8¢ Sentiment: Buy Disclosure: Held
4 Upvote

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(20min delay)
Last 38.0¢		Change 0.010(2.70%)		Mkt cap ! $411.4M

Open	High	Low	Value	Volume
37.0¢	38.5¢	36.5¢	$5.691M	15.06M

Buyers (Bids)

No.	Vol.	Price($)
5	165801	37.0¢

Sellers (Offers)

Price($)	Vol.	No.
38.5¢	695045	21

View Market Depth

No.	Vol.	Price($)
2	519859	0.365
9	171351	0.360
2	1014076	0.355
10	374811	0.350
1	50000	0.345

Price($)	Vol.	No.
0.385	356685	13
0.390	404163	14
0.395	490307	15
0.400	735010	20
0.410	477936	6

Last trade - 16.10pm 13/06/2025 (20 minute delay)

SBM (ASX) Chart

china is falling aprttrump may well get back inUkraine...

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china is falling aprttrump may well get back inUkraine...

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