SBM highlights PNG Simberi build and Canada pipeline; cash supports returns
SBM says strong cash and no debt support a fully franked dividend and potential share buyback, while its new Simberi Gold Project construction advances and Nova Scotia projects target near-term production and long-term growth.
A strong cash position and no debt are supporting a fully franked dividend and a potential share buyback. The New Simberi Gold Project is moving through construction toward a 14-year, low-cost operation, while Nova Scotia projects are targeting near-term production and longer-term growth, with support from robust exploration and experien…