I see what you saying nova, it scares you looking at that climb...

I see what you saying nova, it scares you looking at that climb she did in last 6months.. But guess what, she did bigger climbs before..have a look at 10years chart. SBM has tendency to surprise! And of course she fell after those climbs in the past, but the situation back then was different, POG was crashing, PNG mine issues, no clear indication how to solve massive debt, a bit of chaos in general...management got scared and it took them couple of years to sort out all the mess SBM was in.

She is very healthy looking now, she found the fresh breath... Debt is being paid off, every quarterly is positive, one of directors bought 100k+ for 10c a year or so ago, POG is recovering (or at least not falling further), we are ASX 300 now, she is a BUY recommendation everywhere you look, USD AUD FX is on our side too...
If anything, there will be a small 10% correction but if this happens, buyers will get in very quickly and push her back up again! SBM has a bit further to climb before finding its real value and become more stable..
My wild guess would be somewhere between $1.7-$1.9...
Don't panic, don't sell, buy more or just hold and patiently wait. Enjoy this ride, cause you don't get opportunity like this very often..