SBM 1.43% 34.5¢ st barbara limited

Ann: Gwalia Mass Extraction Feasibility Study, Guidance & webcast, page-48

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  1. 12,929 Posts.
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    Here it comes, could be back at $4 or near by EOD. FV is IMHO Still higher at about $4.10 or $4.20.

    Far more FOMO here than FONGO.

    A possible TO target as well if it is below $4, Barrick Gold, NST and NCM, all cashed up and looking for action.

    SBM below $4 AUD could be almost considered like the sale of a slave. The Gwalia mine itself could be on an assumptions base worth that much before you take into account the free cash and the rest.

    I think it could have been manipulated downwards in the ASX morning session. Either that or the momentum signal bots are coded inappropriately and do not have sufficient limits before human override IMHO.
    Last edited by JCoure: 22/03/19
 
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