SBM 4.08% 25.5¢ st barbara limited

Ann: Gwalia Mass Extraction Feasibility Study, Guidance & webcast, page-4

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    Pretty technical

    My takeaway

    Production guidance Gwalior is now lowered this year as studies of the trucking option have to continue - costs also now forecast to rise against previous guidance

    Guidance at other mine lifted a little due to continued good performance but costs there also guided higher

    So overall Guidance down a bit- costs guided up a bit further for 2019- preferred trucking option being further studied and optimised with guidance and costs to be released later this year—

    Others come to same basic conclusion?

    Will most look at lowered expected margins with costs guided higher?
 
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