Gold is currently USD$1,280 oz and the AUD is at $0.77 therefor we are looking at gold price of AUD$1,660 oz.
SBM all in cost is around AUD$890 oz so using my basic mathematic skills that's equivalent to a profit of AUD$770 oz.
With an annual production of 380,000 oz, that equates to an annual profit of AUD$290 MILLION!!!!!!
Hold on to your hats when the broader market and brokers, analysts and investors realise this. SBM share price is now seriously primed for take off!!!!
SBM share price primed for takeoff!!
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Last
33.8¢ |
Change
0.003(0.75%) |
Mkt cap ! $233.2M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.5¢ | 33.5¢ | $306.6K | 901.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 327698 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 369837 | 16 |
View Market Depth
| Last trade - 11.37am 29/11/2024 (20 minute delay) ? |
| SBM (ASX) Chart |
