SBM 2.00% 25.5¢ st barbara limited

depends how you look at it BHAs ive said in previous posts if...

  1. 2,180 Posts.
    depends how you look at it BH

    As ive said in previous posts if they can meet production targets this will bring the cost per ounce down...the more gold they can produce the higher the gross contribution margin
    This is what let them down last quarter so if they:

    1) streamline the production costs
    2) increase gold production
    3) re-negotiate subcontractor rates for lower expenditure
    4) price of gold increases
    5) bring on credits such as copper or silver when mining gold
    erc.....lots of variable sto contro,l costs , thats why Tim is now in charge.....companies are only as good as the management running them

    cheers MMM
 
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