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SBM - St Barbara Limited
- Thread starter chicken
- Start date
-
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- sbm st barbara limited
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Re: SBM - St. Barbara Mines
I expect big things to happen within a year with this company
More good news to come, ie establishing resources then reserves from Tower Hill and it lead up establishing itself as a significant gold producer.
I expect big things to happen within a year with this company
More good news to come, ie establishing resources then reserves from Tower Hill and it lead up establishing itself as a significant gold producer.
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Re: SBM - St. Barbara Mines
Heading back to the 6-month high last April of 65 cents. Looking for a potential breakout in the next few weeks.
Heading back to the 6-month high last April of 65 cents. Looking for a potential breakout in the next few weeks.
michael_selway
Coal & Phosphate, thats it!
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Re: SBM - St. Barbara Mines
It onyl has 9 year minfe life
http://www.stbarbara.com.au/upfile/070921NthAmericanPrez.pdf (page 20)
Is this correct?
Earnings and Dividends Forecast (cents per share)
2007 2008 2009 2010
EPS -0.3 -1.1 5.3 9.1
DPS 0.0 0.0 0.0 0.0
thx
MS
It onyl has 9 year minfe life
http://www.stbarbara.com.au/upfile/070921NthAmericanPrez.pdf (page 20)
Is this correct?
Earnings and Dividends Forecast (cents per share)
2007 2008 2009 2010
EPS -0.3 -1.1 5.3 9.1
DPS 0.0 0.0 0.0 0.0
thx
MS
Re: SBM - St. Barbara Mines
Look out for upcoming drill assays from the Goldern Mile South JV (SBM 70%) (MWE 30%), the tennements are only 4km from the massive Kalgoorlie Super Pit (reserves 75 million oz's), if they hit anything the nearology factor could certainly kick in.
I hold MWE to gain exposure to the possible upside, the results should be out in around 2 weeks.
Look out for upcoming drill assays from the Goldern Mile South JV (SBM 70%) (MWE 30%), the tennements are only 4km from the massive Kalgoorlie Super Pit (reserves 75 million oz's), if they hit anything the nearology factor could certainly kick in.
I hold MWE to gain exposure to the possible upside, the results should be out in around 2 weeks.
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Re: SBM - St. Barbara Mines
TRADING HALT: St Barbara Limited has been placed in pre-open in accordance to an ASX announcement this morning - http://www.asx.com.au/asxpdf/20071024/pdf/3159lybfdwxf1h.pdf
TRADING HALT: St Barbara Limited has been placed in pre-open in accordance to an ASX announcement this morning - http://www.asx.com.au/asxpdf/20071024/pdf/3159lybfdwxf1h.pdf
explod
explod
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Re: SBM - St. Barbara Mines
No announcement from MWE, must be other than the Golden Mile JV.
Boy what a makeover since the turbulant management days of 5cents, a mere three years ago. I have great faith in this mob but who knows, I have been wrong before.
No announcement from MWE, must be other than the Golden Mile JV.
Boy what a makeover since the turbulant management days of 5cents, a mere three years ago. I have great faith in this mob but who knows, I have been wrong before.
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Re: SBM - St. Barbara Mines
In a halt for 2 days while raising another $100m.
Obviously they need it for the Gwalia deeps......
Not holding now, only got out recently, but I had my concerns that they would need more $$$$$.
In a halt for 2 days while raising another $100m.
Obviously they need it for the Gwalia deeps......
Not holding now, only got out recently, but I had my concerns that they would need more $$$$$.
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Re: SBM - St. Barbara Mines
No they need for their new mine Tower Hill. They are making money. They want more money so they can speed up production especially from their new discovery from Tower Hill to go inline with their goal production forecast by 2010.
They have in my mind been doing what they say they are going to do and achieving for the last two years since I have been following this company.
No they need for their new mine Tower Hill. They are making money. They want more money so they can speed up production especially from their new discovery from Tower Hill to go inline with their goal production forecast by 2010.
They have in my mind been doing what they say they are going to do and achieving for the last two years since I have been following this company.
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Re: SBM - St. Barbara Mines
It will be interesting to see at what price they raise this $100m.
If it's too low could hold back the SP for a while again, which would give me a chance to get back in. Any guesses? I think they'll have to make it attractive, maybe around .60c or a little lower?
It will be interesting to see at what price they raise this $100m.
If it's too low could hold back the SP for a while again, which would give me a chance to get back in. Any guesses? I think they'll have to make it attractive, maybe around .60c or a little lower?
michael_selway
Coal & Phosphate, thats it!
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Re: SBM - St. Barbara Mines
Hm it only has a 10 yr mine life?
Earnings and Dividends Forecast (cents per share)
2007 2008 2009 2010
EPS -0.3 -0.3 7.1 12.3
DPS 0.0 0.0 0.0 0.0
thx
MS
Hm it only has a 10 yr mine life?
Earnings and Dividends Forecast (cents per share)
2007 2008 2009 2010
EPS -0.3 -0.3 7.1 12.3
DPS 0.0 0.0 0.0 0.0
thx
MS
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Re: SBM - St. Barbara Mines
I seem to see all your posts wanting to find out about mine life of most companies in most posts I see. Most commodity companies only calculate resources/reserves up to a certain depth also, so there maybe more gold deeper. Anyway you should be so concerned about this. Companies constantly evolve and expand and explore, acquit companies.
Because SBM wants to get the gold out of the ground faster, the shorter the mine life. I mean 10yrs is a long time (are you going to hold it for that long anyway). Like most companies they constantly explore like BHP OXR etc.
Chill
I seem to see all your posts wanting to find out about mine life of most companies in most posts I see. Most commodity companies only calculate resources/reserves up to a certain depth also, so there maybe more gold deeper. Anyway you should be so concerned about this. Companies constantly evolve and expand and explore, acquit companies.
Because SBM wants to get the gold out of the ground faster, the shorter the mine life. I mean 10yrs is a long time (are you going to hold it for that long anyway). Like most companies they constantly explore like BHP OXR etc.
Chill
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Re: SBM - St. Barbara Mines
The thing I like about SBM since the present management took over is the aggressive nature with which they tackle things eg, the purchase of SGW's best assets for a song. The interesting words in the equity raising presentation for the allocation of funds raised were 'bolt-on' acquisitions. These blokes have an agenda to be big players in gold, so expect an announcement about a merger or takover, if they don't get taken over themselves?
The thing I like about SBM since the present management took over is the aggressive nature with which they tackle things eg, the purchase of SGW's best assets for a song. The interesting words in the equity raising presentation for the allocation of funds raised were 'bolt-on' acquisitions. These blokes have an agenda to be big players in gold, so expect an announcement about a merger or takover, if they don't get taken over themselves?
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Re: SBM - St. Barbara Mines
I am looking at the start of the trhead.It has been a very long one, its seems SWBM was about 10 cents when chicken posted Who is chicken?
I am looking at the start of the trhead.It has been a very long one, its seems SWBM was about 10 cents when chicken posted Who is chicken?
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Re: SBM - St. Barbara Mines
Chicken was a very passionate man! I think he left over difference of opinion with some members. He also tipped us ZFX at $3 as well as SBM at 10c. Personally, I bought SBM at 13c, so very happy - been stalled a fair bit of late, but I think the capital raising should propel them where they are. With the current movements in the gold price, this share 'appears' to be undervalued in the 60-70c range.
Chicken was a very passionate man! I think he left over difference of opinion with some members. He also tipped us ZFX at $3 as well as SBM at 10c. Personally, I bought SBM at 13c, so very happy - been stalled a fair bit of late, but I think the capital raising should propel them where they are. With the current movements in the gold price, this share 'appears' to be undervalued in the 60-70c range.
Sean K
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Re: SBM - St. Barbara Mines
Obviously broke through and then found resistance at all time high, as you would expect. Sort of tested 65 support and maybe moving on.Rapidly approaching 65 cents. Will it fail again! I hope it runs through for long termers....but this is the Great Wall of China. Will be a very significant break if it makes it. And holds above.
