SBM 0.00% 22.5¢ st barbara limited

Q4 72860 ounces production up 19%Annual production on target...

  1. 199 Posts.
    Q4 72860 ounces production up 19%
    Annual production on target 258474 up 12%
    Forward Next year prod : 320k to 350k Ounces

    Average sale prices this qtr is $1423 per ouce
    Average operating cost is $822
    (38556 ounces @722, 7066 ounces @699 and 27238 ounces@985)
    Margin per ounce is $601.

    Next year earnings per share will be roughly 40 to 50 cents if gold remains around 1400 to 1500.
    I think it is $6 stock and is very cheap at the moment below $2.
 
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