""All going to plan - USD216m debt, down from USD325m at start of 2015 ""
so says loki
But what I take from this very early production announcement is that for the quarter the net cash position ie net debt is unchanged.
But the market cap has taken today an 18% lift to take the St Barbara enterprise value to $793m+ $208M ( net debt) to that magical $1.0bn
Production guidance is 5% higher ...at best.
But what about cash generation ? Marginal increase I suggest .
I''m marginally down ( = 3 cents divided by 160 cents) on my short SBM position but it acts as a useful buffer against my long positions in debt free gold stocks.
SBM's cash generating capacity to justify a $1.0bn price tag will be revealed in the upcoming quarterly .
""All going to plan - USD216m debt, down from USD325m at start...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SBM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
32.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $233.2M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.0¢ | 32.3¢ | $261.8K | 803.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 111335 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 399568 | 23 |
View Market Depth
| Last trade - 12.40pm 04/12/2024 (20 minute delay) ? |
| SBM (ASX) Chart |
