SBM 0.00% 22.5¢ st barbara limited

Ann is out today and my thoughtProduction last qtr 60673 oz and...

  1. 199 Posts.
    Ann is out today and my thought

    Production last qtr 60673 oz and cash in hand +80 Million

    production target this year @ Leinora is 155000 to 170000 ozs
    with operating cost $630 to $680
    Earnings = 112 million roughly with gold price $1350

    Production target this year @ Southern Cross is 110000 to 125000 ozs with cost 950 to 990 per oz
    Earnings = 39 million roughly Au @ $1350

    Total Earnings = 151 Million which is roughly 45 to 50 cents per share,
    With price earnings ration holding 12 , price target = $5 to $6
    Please correct me if I am wrong..
 
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22.5¢ 22.8¢ 22.0¢ $213.1K 948.8K

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