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Re: SBM - St. Barbara MinesWith the share price of this company languishing around explorer levels ie: @ sbm reserve potential I really can't see how cost of sales is that important.I know for a fact that there is not too many producing gold miners who are trading @ less than 0.30. (And I own them both).SBM is cheap for what it has.Gawlia decline is almost complete and into the high grade ore which will bring production costs down.The swords hanging over SBM are Macs holdings, punter sentiment and POGBut then its only going to drop another 0.05 cause any lower would be ridiculous IMO
Re: SBM - St. Barbara Mines
With the share price of this company languishing around explorer levels ie: @ sbm reserve potential I really can't see how cost of sales is that important.
I know for a fact that there is not too many producing gold miners who are trading @ less than 0.30. (And I own them both).
SBM is cheap for what it has.
Gawlia decline is almost complete and into the high grade ore which will bring production costs down.
The swords hanging over SBM are Macs holdings, punter sentiment and POG
But then its only going to drop another 0.05 cause any lower would be ridiculous IMO
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