I totally agree with Goldman Sachs 12 month price target on the stock of $3.90.
With the sp at $2.25 (37c before RE), and with SBM forecasting 500,000 ounces of Gold by 2014, and cash costs decreasing, I can see the sp at $6 by that time, so great L/T buy.
Go SBM !!!
goldman sachs report: sbm worth $3.90!!, page-6
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Last
25.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $204.5M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.5¢ | 24.5¢ | $357.1K | 1.422M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 649454 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 137839 | 3 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| SBM (ASX) Chart |