SBM 0.71% 34.8¢ st barbara limited

Ann: Gwalia Mass Extraction Feasibility Study, Guidance & webcast, page-19

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  1. 3,000 Posts.
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    loki, I think some time ago you and I had a discussion and you referred to the 'event horizon' about the point when the mining depth gets too much and the market questions the viability of Gwalia longer term.

    This appears to be that point.

    My initial feeling when reading that announcement is they don't have much of a plan long term.
 
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