i see it keeps dropping
Where is good value???? I fear a lot lower.
Well, its now below the placement price so expect it to be held down for a bit while investors, or gamblers, protect their capital.
Olympian, now is your chance. Bargain prices galore!!! Or is it?
Problem is know that the deposit is worth a lot less than 3 months ago so the SBS should be a lot lower. SGC is now back to the $1.80 valuation price and could go even lower making SBS, again, even worth less, as payment is in SBS shares.
The value of the project is now worth 50% less due to the fall in SGCs share price....
The grades announced looks good until you realise they are 300m underground.
Tubs
SBS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held