Ann: Production Update Q3 March 2018, page-35

Totally feel your pain and appreciate the regret. If it’s any consolation, you are not alone, most of us did not act, or act with as much conviction as we should have when the time came to pull the trigger. Fewer still have held on. That takes courage and belief in your analysis, as well as a detached attitude towards large sums of money. Who knows, you may have bought at 10c but sold the minute it doubled, why didn’t you buy at 15c or even 20c? What was your 10c buy decision based on? Could you have held SBM till now? Can you watch thousands growing to millions and not sell? (All rhetorical questions) If a buy decision is made on value based analysis, then you need to hold for 5 to 10 years to create wealth, a fact, so far, proven by SBM. The SBM story is only just beginning IMHO. Someone obviously sees value at $5.00

The great thing about the stock market is you don’t lose money for not buying. The market will continue to throw opportunities at you. If you are a true value investor, do your analysis and keep looking for those opportunities, they are bound to show up. Have extreme patience followed by extreme decisiveness and you will make money in the long run.