Ann: Repayment of SA Government Loan and Copper Prepay Facility, page-19

Its all about timing,

HGO for long term holders is never likely to be a good story. But for those who got in at the bottom at around 3 cents its already brilliant and is developing into an absolute bonanza.

Long term SBM didn't do quite that well because they had a 6 for 1 consolidation in Nov 2010.

If you don't know it you might be interested in the rule of 72.

If you divide 72 by the number of years it takes a value to double you get the compound rate of return.

At 7.2% it takes 10 years for things to double.

After hearing your sad story I hate to tell you that my SBM doubled 3 times in the 12 months I had them. Thats an IRR of 216 % which interestingly is the compound interest received on a 12 month 8 bagger.

Beware of high interest rates.