SBM 2.38% 21.5¢ st barbara limited

Thank you Paladin,I read the report again and sure enough, we...

  1. 3,352 Posts.
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    Thank you Paladin,

    I read the report again and sure enough, we have a "stripping and ore inventory" adjustment.

    I've also just seen BH!'s two posts, great work mate.

    So it seems to me SBM has a "true" operating cash cost in the vicinity of $1000 per oz across the two operations, reducing to perhaps $950 in the March quarter. When admin and development expenditures are included, the total cost is about $1200 per oz.

    Rowingboat.
 
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