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22.5¢ st barbara limited

The POG operations are cash flow positive and outperform 2022,...

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hepa82

163 Posts.

89

27/08/23

18:38

Post #: 69573121
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Originally posted by gutumike: ↑

Very true. Many of us have been hoping that SBM have been running the ruler over a number of Australian goldies near to production or in production but needing additional capital to reach their full potential. Although they can't show their hand too early and push up the price of potential target companies, it would be nice to know at least an outline of their strategy going forward.

I for one would be happy for them to sell their overseas assets and focus on building a new company here in Australia. Cash is king at the moment, and if the POG goes up as expected, some of the small undervalued gold companies will see a substantial increase in value. In percentage terms. I think that the potential upside of the smaller companies is greater than many of the established larger producers.

The gold backed international currency being touted by the BRICS countries has just taken another step forward with the admission of 5 more companies into the BRICS Alliance.

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The POG operations are cash flow positive and outperform 2022, If they Focus currently on Simberi only they will have still extra cash flow ongoing

2022 cash cost $2841 per ounce
2023 cash cost $2213 per ounce

SBM Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 22.5¢		Change 0.000(0.00%)		Mkt cap ! $184.0M

Open	High	Low	Value	Volume
22.5¢	22.8¢	22.0¢	$390.5K	1.739M

Buyers (Bids)

No.	Vol.	Price($)
47	1812053	22.0¢

Sellers (Offers)

Price($)	Vol.	No.
22.5¢	2018	6

View Market Depth

No.	Vol.	Price($)
48	1786874	0.220
20	730202	0.215
33	923324	0.210
15	273956	0.205
26	452824	0.200

Price($)	Vol.	No.
0.225	8434	9
0.230	796699	14
0.235	656008	12
0.240	440853	13
0.245	572108	15

Last trade - 15.53pm 05/06/2024 (20 minute delay)


Last 22.5¢			Change 0.000 ( 0.62 %)
Open	High		Low	Volume
22.5¢	22.8¢		22.0¢	1137580
Last updated 15.59pm 05/06/2024 ?

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