Ann: Change in substantial holding from SBM, page-3

Hi Happytrader & Guys

Couldn’t agree more as St Barbara increase their stake we can discuss the sp vaguaries until we are blue in the face, and how it also affects them (SBM) and our management as shareholders, as well and the retail investor.

Guys remember we are all in the same flippin boat and Rob understands and appreciates that very point.
Many here including myself at times expect better timing, better results, and a good return but the notion that management can entirely control all of these things is utter bullshit.

To answer to some extent why there are less buyers it’s quite logical;
A) many existing holders don’t currently need to bid because we are able to get them cheaper and
B) other buyers will await until placements is finalised to see if any stock is disposed by those whom aren’t long term believers.
C) there’s currently a pause in drilling whilst the cash is being raised and so;
D) once drillling recommences & hopefully the Southern Nights conductor plate is eventually hit, the MB PFS decision is sorted, and more of Wagga Tank Southern Nights is clarified, then I strongly beleive we will burst through the past highest share price level so all the hard work will be vindicated and justified as most of us invested expect, and genuinely anticipate.

Can the impatience, accept the market isn’t ours or under managements control (how can they control metal prices and demand?) but do enjoy the few shares on issue, the impressive results to date, and the interest of major league investors whom are here to succeed not just for a picnic?.
Sarg