SBM 1.41% 35.0¢ st barbara limited

Interesting comments from both of you.......i guess the proof is...

  1. 2,180 Posts.
    Interesting comments from both of you.......i guess the proof is in the financials and from my angle the financials dont measure up in relation to what the companies expectations to their shareholders have been......i agree that if they can string a solid quarter together and prove they can contain costs then the price will reflect, but alas they have shown the market that they are yet to show solid contribution margins ....regardless of what the institutional investors bought at, i suspect they will not be happy with the result...........i agree that 5 million ounces is a fine reserve but totally useless if the insitu value does not translate into R.O.I ....if gold gets downward pressure the company wil have to work twice as hard to contain and improve margin........still has potential but in the short term there is a lot of work to do......regards MM
 
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