This is nothing like RSG. Resolute had massive debt overhang and high costs (for west africa) but a very decent mine on the cusp of positive cash flow with spot under $1800 (aisc $1450) when raising capital. They have expanding margins and growth potential out of syama sulphides.
The SBM announcement glaringly lacks any costs across the board. They're processing 0.5g stockpiles at Atlantic at a loss ffs. Do you guys understand mining or cost in general? That mine is toast, It's done. They only have simibri with any future potential the question is..how much is it going to cost?
Regardless the price will rise today due to GDX up 5% overnight, not because of any stock specific reasons.
- Forums
- ASX - By Stock
- SBM
- News: SBM St Barbara Says Total Group Gold Production For FY23 Of 260,368 Ounces
News: SBM St Barbara Says Total Group Gold Production For FY23 Of 260,368 Ounces, page-19
-
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SBM (ASX) to my watchlist
|
|||||
Last
22.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $184.0M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4540 | 23.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 1798 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4540 | 0.235 |
2 | 4978 | 0.230 |
2 | 40257 | 0.225 |
4 | 131900 | 0.220 |
12 | 860559 | 0.215 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 1798 | 1 |
0.215 | 37966 | 4 |
0.220 | 19900 | 2 |
0.225 | 202220 | 4 |
0.230 | 311920 | 7 |
Last trade - 09.49am 24/07/2024 (20 minute delay) ? |
Featured News
SBM (ASX) Chart |
Day chart unavailable
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
Previous Video
Next Video
SPONSORED BY The Market Online