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34.0¢ st barbara limited

Ann: Quarterly Report Q4 FY24, page-6

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Kotaredrew

5,254 Posts.

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30/07/24

10:35

Post #: 74977181
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Originally posted by sydneyguy: ↑

yeah sorry had the June 2023 qtr figures

View attachment 6349788

So September 2023 was 189m
236 included restricted cash , 189 is the liquidity available

so end sept 189 m cash available to use
End the financial year 147m to use
So cash available to use after operating in 9 months fell 22.8 percent and guidance 10 year plan revised downward in the same month it was presented

No strength, cash dwindling , lucky aud gold went up or result would be much worse - and any weakening of headline realized price or increase in costs , and cash will continue to dwindle , just faster- and it’s paper gains on investments will also reverse

10 year plans on paper looking good mean nothing, sun has a long history of guidance downgrades and it’s ten year plan has changed already, you can reasonably imagine how many changes will be made by 2028—

No return to dividend on the horizon- dilution is more probable imv

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But would there be huge costs of drilling/exploring causing a lot of this cash spend?
If they finish their drilling/exploration at Simberi, would there then be terrific cash flow- as a lowering ASIC & less needed on resource definition.
All pending on their lowering their ASIC of course

Last edited by Kotaredrew: 30/07/24

SBM Price at posting: 20.5¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

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Last 34.0¢		Change 0.000(0.00%)		Mkt cap ! $278.2M

Open	High	Low	Value	Volume
33.5¢	34.5¢	33.0¢	$1.427M	4.209M

Buyers (Bids)

No.	Vol.	Price($)
2	170408	33.5¢

Sellers (Offers)

Price($)	Vol.	No.
34.0¢	98594	9

View Market Depth

No.	Vol.	Price($)
2	170408	0.335
11	242589	0.330
2	444871	0.325
7	1535763	0.320
4	911714	0.315

Price($)	Vol.	No.
0.340	98594	9
0.345	1138948	8
0.350	212155	12
0.355	179966	6
0.360	202686	11

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