I am not sure how SBM can expect to pay off the $328 million debt given the high operating costs. I would be a little nervous being a SBM shareholder if the company doesn't perform to their 2014 guidance as per todays presentation.
I can see further weakness in the shares going forward and one would not wish for any further decrease in the gold price.
The ability to repay debt is a huge concern and one would imagine that there would be a few anxious SBM employees as well as shareholders.
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I am not sure how SBM can expect to pay off the $328 million...
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22.5¢ |
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Mkt cap ! $179.9M |
Open | High | Low | Value | Volume |
22.5¢ | 22.8¢ | 22.0¢ | $252.0K | 1.121M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 333850 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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22.5¢ | 204931 | 22 |
View Market Depth
No. | Vol. | Price($) |
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10 | 335450 | 0.220 |
17 | 429869 | 0.215 |
15 | 932264 | 0.210 |
25 | 974816 | 0.205 |
29 | 1034880 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 206571 | 22 |
0.230 | 823225 | 21 |
0.235 | 443138 | 13 |
0.240 | 431100 | 18 |
0.245 | 579993 | 11 |
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