Would these ALP MPs that own SBM not to mention Albo with all his efforts with Prime Ministers Marape and Carney discussing Australian offshore business like St Barbar Mines’ Simberi and Atlantic Gold ever let any bidder takeover St Barbara?
SBM seems well under Fair Value and another gold producer might love to have SBM’s mines in its portfolio.
Unlikely for PNG to get a Super Rugby League side if St Barbara gets taken over by a multinational HQ’d outside Australia but for the right price, a much higher price for SBM than present, anything is possible.
SBM Price at posting:
35.5¢ Sentiment: Buy Disclosure: Held
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