SBM 1.95% $2.52 st barbara limited

Falling in a hole, page-2

  1. 1,950 Posts.
    looking at the balance sheet sbm have 10 mil in cash and 5 mil in dio shares low debt .the operations at meekathara are producing around 12000 ounces per month at a cost of a bit over $525 per ounce and expected to fall to $500 the average price received is over $570 an ounce according to the company sec i spoke to last week .paulsens is subject to funding and should be underway early 2003 .the dio stake should appreciate as dio start mining soon. i think sbm is out of favour and probably good value it certainly is not in any danger of going under .wrongway
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Last trade - 16.10pm 13/12/2019 (20 minute delay) ?
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