keeping king of hills would have been a risk and selling them seems more realistic.save capital expenditure, risk of high cost saturation to other cheaper producing mines and reversing the provisions will relieve the financial position and allow for better credit rating on debt .You cant assume gold will stay high with the way the world is going . 1100 production costs were high for sbm at keep at Hills. 3m is get rid of it and move on..... PV of future cashflow. maybe sar is closer to it than sbm and save the extra considering the debt that needs to be controlled .
- Forums
- ASX - By Stock
- Ann: Saracen Acquires Kailis and King of the Hills Gold Projects
keeping king of hills would have been a risk and selling them...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add SBM (ASX) to my watchlist
(20min delay)
|
|||||
Last
33.5¢ |
Change
0.005(1.52%) |
Mkt cap ! $274.1M |
Open | High | Low | Value | Volume |
33.0¢ | 34.0¢ | 32.0¢ | $1.179M | 3.570M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 103017 | 33.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 745273 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 60 | 0.330 |
2 | 146000 | 0.325 |
3 | 55701 | 0.320 |
3 | 541714 | 0.315 |
6 | 138871 | 0.310 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 504908 | 14 |
0.345 | 969105 | 2 |
0.350 | 23000 | 2 |
0.355 | 137606 | 4 |
0.360 | 168866 | 8 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
SBM (ASX) Chart |