Simbari has falling grades and higher AISC as noted by Nordesmic in his latest report on SBM (for subscribers of his "Between the Lines")....
hmm the former COO at Simbari (who turned it from problematic asset into a very profitable one) has moved on, and now is MD of GPR .... hmm ... cheap, fully funded replacement for SBM ? Once the COVID scare is over, this project will pick up steam and be properly valued by the market.
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