ndpjai,
If SBM's corporate strategy is a rising gold price, they're hosed. There's no doubt, they must get their costs down.
Personally, I was encouraged by the straight-up, forthright presentation of facts in the quarterly. It made a pleasant change from the disaster that was 2008. I put the new communication style down to new management.
Lets see if the apparent integrity translates into financial results...
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25.5¢ |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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25.5¢ | 211056 | 20 |
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10 | 801811 | 0.245 |
13 | 539305 | 0.240 |
18 | 701365 | 0.235 |
15 | 1000630 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.255 | 32077 | 7 |
0.260 | 952548 | 18 |
0.265 | 416599 | 13 |
0.270 | 286964 | 12 |
0.275 | 209337 | 8 |
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