I bought in late here - mid 1.30's. Way too late really but still a great story from here IMO. Been a bit distracted due to being in the guts of the SIR/IGO takeover. Kicking myself really as I was told about the general improvements at SBM back in August from someone who should know - ie someone very high up in the mill at Gwalia.
He was saying that at times they were trying to keep the grade under 10 g/t to avoid sending too much to tails - nice problem to have! - basically he said that the orebody was going better than expected and management were well on the way to selling off the crap and paying down debt and it was only a matter of time until the market realised... what a story over the last few weeks - GLTA
SBM Price at posting:
$1.42 Sentiment: Hold Disclosure: Held