back to 26 cents ?, page-32

We can't defy the cycle of sentiment for minerals miners but the longer term prospects are looking ever better for cheap producers in relatively politically stable areas. Exploration is being slashed by the big mining companies and deep mine projects are being delayed. Once the analysts start to become a bit more confident on global demand they may become more bullish on prospective suppliers like SBR. First, however, we need some JORC compliant reserve estimates and indications from the company of capex requirements and costs of production. We should have a quarterly report very soon.