SBM 1.49% 34.0¢ st barbara limited

Good pick up on this presentation. Always find it good to watch...

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    Good pick up on this presentation. Always find it good to watch the video presentations when they're available. Usually learn something new, and that was the case in this one.

    I thought the comments from the 16 minute mark onward in regard to the ventilation project were interesting. Having access to more air earlier potentially increases the number of trucks they can haul ore with while they are in the thick part of the ore body. So instead of 9 trucks which they currently use they could move to say 10 or 11 and see a major uptick in tonnage and increase gold output to possibly 300koz for a couple of years.

    http://www.europeangoldforum.org/egf17/company-webcast/SBM:AU/
 
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33.5¢ 34.5¢ 33.5¢ $678.5K 1.991M

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