SBM is a pure bull play, if Gold breaks out of that 2k+ range, it's assets have alot of lever to the POG.
If we see 2300-2500usd in 24 - NPV 15mile would be closer to 500-700maud post tax NPV.
Not a bad start, consider SBM is actively priced at zero atm.
Ann: Strong 15 Mile Project Pre-feasibility Results, page-2
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Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $188.2M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.5¢ | 22.5¢ | $801.7K | 3.485M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 349662 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 523877 | 6 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| SBM (ASX) Chart |