There are some positives in the fact that SBM can now pay down their Canadian enviro bonds, and also senior debts and will have a strong cash position.
They may buy other exploration projects ready to mine, develop these which will present value, or upgrade CAPEX of the other two; Canadian and PNG mines that may decrease AISC
Also if SBM shareholders get 100% of those GMD shares, it is just a slight of hands, but we are still short-changed in the short term.
Ann: Genesis merger, Leonora production and guidance update, page-65
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Last
23.8¢ |
Change
0.013(5.56%) |
Mkt cap ! $190.1M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 24.0¢ | 23.0¢ | $439.0K | 1.893M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 596330 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 766195 | 30 |
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| Last trade - 12.56pm 12/07/2024 (20 minute delay) ? |
| SBM (ASX) Chart |