SMB's management gave its assets away - will that change?, page-2

Hi Loki
I would trust Bob in anything he does.
To me he is without peer in the gold mining Business. Massive mistakes have been made but not on Bobs watch.
It is easy to forget.
Even you doubted SBM could be saved.
Bob turned the company around with gold prices at lows.
Now with record production, debt is being off in quick fashion.
I see selling off Simberi means that to increase production there would be costly.

Money that may be better spent at home.
Selling Simberi should pay off remaining debt and further developments would come from income.
Also decent divvys can then be paid which will increase the SP.
I put the fall is the SP as sector wide.
Even NST copped it. They could not have done better in this quarter.
The drop back in SPs allows for the next jump up or the next drop down.
How ever the POG plays out.



Cheers