As long as the gold is in your mine, does it matter when you get around to actually digging it up?
Not at all, according to St Barbara, which on Wednesday told the ASX that a ventilation issue that reduced its consolidated revenue by 4 per cent in FY19 was “immaterial”, despite the share price having fallen by 6 per cent when shareholders were made aware of it (some five days after the ventilation issue first arose).
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Myriam Robin is Rear Window editor based in the Melbourne newsroom. A Rear Window columnist since 2017, she previously reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com
