'cause BV gave a wink and a nudge?
Or the latest presentation, while very good in many ways, says nothing new, especially about "growth".
Notice the way NST took off after they announced a huge upgrade in ore reserves some weeks ago, or RRL moved after a higher grade reserve/resource announcement (implication of higher production and lower AISC to come) and released a PFS for their large NSW gold project.
SBM's Gwalia is a cash cow, but perhaps of somewhat limited life compared to its peers.
I am really surprised that SBM is only spending about $20m on exploration. It has the cashflow to easily double that level, preferably in new tenements.
Thanks BV for the wink and nudge. Enjoy your gains.
loki (I'll be back, probably)
'cause BV gave a wink and a nudge? Or the latest presentation,...
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Mkt cap ! $233.2M | |||
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