ssp, page-3

I think you will find try's sp fall isn't just about pog - one of the operations is operating at a much higher cash cost than the management targets in their most recent presos - and like with slr's mt monger and even rrl with their relentless reconciliation issues at their 2nd mine - the market is sick to death of getting snowballed by management teams putting numbers forward about cash cost reductions that the operations don't then deliver.

esp when they then do a capital raising off the back of these overoptimistic projections.

give sbm credit - at least they are being transparent.

unfortunately - their numbers are just orrible at these gold prices.