MickyDuncan - care to back this statement up?
"There will be no cash flow for years and years. If ever. Any "profit" will be used for development and exploring etc. They will be asking the market for more money next year, so the share price will never really take off and so it shouldn't. Theres nothing like paying for an increasing market cap.:)
SBM has no chance of reaching 1 million ounces by 2010. I think that thought will disappear shortly. We will see if its mentioned in the next report. It will be lucky to be half that.
The company has no fundamentals. That's why only the chartists will do well on this one. Simply read the chart and buy or sell.
The gold price is their only saviour"
(Posted: 29/06/08 17:07 Sentiment: None Disclosure: Stock Held From: 220.245.xxx.xxx)
MickyDuncan - care to back this statement up?"There will be no...
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Last
21.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $175.8M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 21.0¢ | $317.9K | 1.475M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 536501 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 950207 | 19 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| SBM (ASX) Chart |