The investment case is for the 2028 onwards the forecasts are below.
The mine site is essentially in care taker mode running at a small loss to keep staff employed ready for mining the new deposit, resulting in a high AISC.
No one is investing in this company for the current production and AISC.
This company share price is like that of an explorer however SBM have an operational mine site.
Taking FY28 worse case production 215000 oz
Price of gold $4000 (pretty conservative)
AISC $1270 / oz AISC and adding $500 /oz for unknown costs
PE will 1.06
Seems very cheap for a defined depost and operational mine site.
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Last
38.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $411.4M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 543 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 450 | 1 |
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| Last trade - 16.27pm 16/06/2025 (20 minute delay) ? |
| SBM (ASX) Chart |
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