Still expecting
what I believe is substantially overdue
and which should be known by executives at Sbm a while ago
some mega write downs in assets values for Atlantic and simbei operations
production performance expected- costs of production - permitting at Atlantic are nothing near what was expected at time of purchase or following a long string of qtrly operation misses by sbm managing that asset - yet the value on the books remains von high and not marked to any market reality
simberi operational challenges and costs and margins - further capital spends should also affect its carry value imo
I’m curious how any auditor isn’t asking questions or why executives continue to think either operation is performing anywhere near expectation and not moving to mark The assets to market given the length of disappointing production and end margins
time will tell
takeover target, page-51
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Last
28.3¢ |
Change
0.008(2.73%) |
Mkt cap ! $229.0M |
Open | High | Low | Value | Volume |
28.5¢ | 28.5¢ | 27.5¢ | $1.078M | 3.846M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 1008732 | 28.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.5¢ | 833003 | 36 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 1016847 | 0.280 |
14 | 412464 | 0.275 |
20 | 353505 | 0.270 |
14 | 797961 | 0.265 |
16 | 963267 | 0.260 |
Price($) | Vol. | No. |
---|---|---|
0.285 | 713143 | 33 |
0.290 | 994693 | 28 |
0.295 | 631396 | 17 |
0.300 | 1422922 | 29 |
0.305 | 437624 | 10 |
Last trade - 12.51pm 13/05/2024 (20 minute delay) ? |
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Last
28.0¢ |
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Change
0.008 ( 2.60 %) |
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Open | High | Low | Volume | ||
28.0¢ | 28.5¢ | 27.5¢ | 2624924 | ||
Last updated 13.07pm 13/05/2024 ? |
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MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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