Australian (ASX) Stock Market Forum

SBM - St Barbara Limited

Re: SBM - St. Barbara Mines

chicken said:
with Gold at $586 wow..55cents should be smashed today.....and with updates in April...I can see it at 60c plus....you little ripper....

Agree

586 is new highs for this cycle
 
Re: SBM - St. Barbara Mines

crackaton said:
Well chicken you have been posting like this for a while, but I doubt .55 will be smashed today. Something is holding this one back

yes, i will have to agree with you on this one. it looks like something is holding SBM back for whatever reason. hopefully with the high gold price (US584/oz) today and a continue bullish run will help to push SBM's sp along. :2twocents
 
Re: SBM - St. Barbara Mines

IAP @ 8:45 seems to be 0.545. There is HUGE selling depth. Some resistance perhaps?
Code:
	BUYERS  	   	   	   	SELLERS  	 
Orders 	Quantity 	Price 	  	Price 	Quantity 	Orders
1 	5,000 		0.580 	1 	0.535 	9,600 		1
2 	500,000 	0.560 	2 	0.540 	391,072 	10
1 	2,500 		0.555 	3 	0.545 	458,285 	12
1 	20,000 		0.550 	4 	0.550 	624,849 	28
1 	60,000 		0.545 	5 	0.555 	135,000 	5
4 	38,472 		0.540 	6 	0.560 	298,440 	11
3 	183,000 	0.530 	7 	0.565 	121,500 	5
1 	70,000 		0.525 	8 	0.570 	221,527 	6
2 	130,000 	0.520 	9 	0.575 	55,000 		1
2 	69,419 		0.515 	10 	0.580 	255,000 	2
 
Re: SBM - St. Barbara Mines

Something must be in the pipeline. It appears the funny orders are back:

ime Price Quantity
1:10:02 PM 0.585 1740
1:08:02 PM 0.585 1740
1:06:02 PM 0.585 1740
1:04:03 PM 0.585 1740
1:02:03 PM 0.585 1740
1:00:03 PM 0.585 1740
12:58:17 PM 0.585 15000
12:58:03 PM 0.585 1740
12:57:20 PM 0.580 17244
12:57:20 PM 0.580 2756
 
Re: SBM - St. Barbara Mines

60 cents!

Code:
Last Trade	Price Change	Percent Change	Volume	Trades	Open	High	Previous Close
0.6000		0.0500		9.09	5840772	366	0.5600	0.6000	0.5500	0.5550
 
Re: SBM - St. Barbara Mines

Narkov said:
Something must be in the pipeline. It appears the funny orders are back:

ime Price Quantity
1:10:02 PM 0.585 1740
1:08:02 PM 0.585 1740
1:06:02 PM 0.585 1740
1:04:03 PM 0.585 1740
1:02:03 PM 0.585 1740
1:00:03 PM 0.585 1740
12:58:17 PM 0.585 15000
12:58:03 PM 0.585 1740
12:57:20 PM 0.580 17244
12:57:20 PM 0.580 2756

Share buy back, nothing else. Expect a few days of high trading then it will sink and happen all over again. Not rocket science.
 
Re: SBM - St. Barbara Mines

crackaton said:
Share buy back, nothing else. Expect a few days of high trading then it will sink and happen all over again. Not rocket science.

Share buy back? Really??

You've really come a long way to be saying it's not rocket science.
 
Re: SBM - St. Barbara Mines

If Gold stays up over $590 US we should see SBM knocking on 65 cents on Tuesday..... :D
 
Re: SBM - St. Barbara Mines

060406
Opening up etrade to peruse the fallout I came across this interesting detail.


7:26:16 AM 0.580 4000000

Who do I get in on _this_ little lurk of buying before trading opens?

-could be usefull after a good news weekend.

directors buying (considrably less than 4 mill)
 
Re: SBM - St. Barbara Mines

The all-time closing high for SBM was $2.70 in 1995, interesting to see if they can achieve the impossible of the Atkin's days.
 
Re: SBM - St. Barbara Mines

noirua said:
The all-time closing high for SBM was $2.70 in 1995, interesting to see if they can achieve the impossible of the Atkin's days.
Too right they can.....as their prospects are a LOT better as for the mines they hold .....so anyone should read what I firstly said...funny that suddenly people are believing me..but still make your research..I can see $1+ here....remember what I said about ZFX....now $9.90.....going to $15....well SBM is on its way..$2.50 very possible.....or probable.....I am still holding a swag of these...and everytime I want to sell I wait as when Aprils news comes out see the $1+ happening.....good luck to all holders.... :2twocents
 
Re: SBM - St. Barbara Mines

chicken said:
Too right they can.....as their prospects are a LOT better as for the mines they hold .....so anyone should read what I firstly said...funny that suddenly people are believing me..but still make your research..I can see $1+ here....remember what I said about ZFX....now $9.90.....going to $15....well SBM is on its way..$2.50 very possible.....or probable.....I am still holding a swag of these...and everytime I want to sell I wait as when Aprils news comes out see the $1+ happening.....good luck to all holders.... :2twocents

OK chook thanks for your insights, but lets face it, any mug can make a buck in a full blown bull market. ROFLMHO
 
Re: SBM - St. Barbara Mines

crackaton said:
OK chook thanks for your insights, but lets face it, any mug can make a buck in a full blown bull market. ROFLMHO

On paper anyone can make a buck in bull markets, tell that to those of the dot-com boom. A profit, is not a profit, until it's Banked.
Gold is on the march and should be through US$600 by the opening on the ASX.
 
Re: SBM - St. Barbara Mines

noirua said:
On paper anyone can make a buck in bull markets, tell that to those of the dot-com boom. A profit, is not a profit, until it's Banked.
Gold is on the march and should be through US$600 by the opening on the ASX.
Like I said any mug can make a buck. I consider gold a mug, as for dot com lol what did they ever prove?
 
Re: SBM - St. Barbara Mines

crackaton said:
OK chook thanks for your insights, but lets face it, any mug can make a buck in a full blown bull market. ROFLMHO

Yeh true, but clever mothers who know their stocks real well make big fortunes,see you in the West Indies, I'll let you know what island I buy.
 
Re: SBM - St. Barbara Mines

Again this morning,

8:09:32 AM 0.620 2500000

4 million a few day ago at .58 and today 2.5 million at .62
 
Re: SBM - St. Barbara Mines

chicken said:
Too right they can.....as their prospects are a LOT better as for the mines they hold .....so anyone should read what I firstly said...funny that suddenly people are believing me..but still make your research..I can see $1+ here....remember what I said about ZFX....now $9.90.....going to $15....well SBM is on its way..$2.50 very possible.....or probable.....I am still holding a swag of these...and everytime I want to sell I wait as when Aprils news comes out see the $1+ happening.....good luck to all holders.... :2twocents
I said that a few days ago....last sale at 66cents..now who can argue with that now...$1 not far of, and Gold should or will go over $600 in the next week so with news coming out and UPGRADE by brokers coming out this week..can any one tell me where the SP is heading....UP, is my prediction..and that is NOT beating the drum but a fact....hope the ones who followed me make plenty as I am doing OK.....my new target price for SBM is now $2.50... :D
 
Re: SBM - St. Barbara Mines

chicken said:
I said that a few days ago....last sale at 66cents..now who can argue with that now...$1 not far of, and Gold should or will go over $600 in the next week so with news coming out and UPGRADE by brokers coming out this week..can any one tell me where the SP is heading....UP, is my prediction..and that is NOT beating the drum but a fact....hope the ones who followed me make plenty as I am doing OK.....my new target price for SBM is now $2.50... :D

Hi do u know what their outlook is for the 2nd half and beyond?

thx

MS

The Company generated $53.4M in revenue from the sale of 88,000 ounces of
gold at an average price of A$606 per ounce for the six months ended
31 December 2005. The average cash cost of production for the six months was $405 per ounce.
Under the newly introduced Australian International Financial Reporting
Standards (“AIFRS”) reporting requirements, the result for the six months
ended 31 December 2005 was a loss of $6.5M. This loss has arisen after
expensing all exploration expenditure for the period of $12.5M and amortising
$4M of mine development costs. The direct impact of the introduction of AIFRS was the loss of $696k, a component of the $6.5M loss which resulted from mark to market adjustments on an investment in listed options and the company hedge book, and expensing employee options.
 
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