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Sydney - Thursday - October 13: (RWE Aust Business News) - St Barbara Mines Ltd (ASX:SBM) said gold sales for the September quarter have totalled 53,554 ounces compared with forecast of 49,000 ounces.
Revenue generated was $30.9m.
Cash costs for gold produced were $346/oz against a forecast of $400/oz.
Cash at September 30 totalled $34.9m of which $12m was cash backing of company performance bonds.
Sale of surplus assets continued during the quarter and additional contracts to the value of $1.7m were completed bringing asset sale proceeds to $2.8m since April 2005.
Gold production is forecast at 43,000 ounces at cash cost of $390/oz for the December quarter while exploration expenditure of $5.8m is forecast.
St Barbara shares were down 0.5c at 30.5c.
ENDS
Is this result expected? Or the lack of price/volume action a...
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $167.6M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 20.0¢ | $971.2K | 4.721M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 176195 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 559044 | 5 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| SBM (ASX) Chart |