SMR 3.90% $3.46 stanmore resources limited

Ann: March 2023 Quarterly Activities Report, page-13

  1. 2,398 Posts.
    lightbulb Created with Sketch. 179
    Total Net gain of $70mil cant be right unless they only made profit of $25t on the 2.8mil coal sold, mining costs would be over $250t to achieve that result which is highly unlikely... there is no mention of cost blow outs or extra expenditure... So there must be some late shipment payments which will fall in current quarter as they had logistic issues due to weather.
    We already know there is increased stockpile of approx $125mil USD of product at current prices, also forecasted a strong next quarter... Maybe we need to send email for further clarification...
    Overall stock was down according to the general market, so no sell down... So the market has perceived the results as acceptable with no red flags otherwise the insiders would of sold it down...
    Last edited by steven1459: 25/04/23
 
watchlist Created with Sketch. Add SMR (ASX) to my watchlist
(20min delay)
Last
$3.46
Change
0.130(3.90%)
Mkt cap ! $3.118B
Open High Low Value Volume
$3.36 $3.47 $3.35 $10.11M 2.973M

Buyers (Bids)

No. Vol. Price($)
2 8721 $3.45
 

Sellers (Offers)

Price($) Vol. No.
$3.46 3559 1
View Market Depth
Last trade - 16.10pm 04/06/2024 (20 minute delay) ?
Last
$3.45
  Change
0.130 ( 2.99 %)
Open High Low Volume
$3.36 $3.47 $3.36 2055798
Last updated 15.59pm 04/06/2024 ?
SMR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.