SBM 0.00% 21.5¢ st barbara limited

depreciation is a p&l item - does not affect cashflow.Overheads...

  1. 437 Posts.
    depreciation is a p&l item - does not affect cashflow.

    Overheads for admin - may grant you that, but small. The $400/oz margin is still relevant on a cash basis.

    POG for the bulk of last year was USD650 - now $900 and rising!
 
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