Limited research from many posters who are uncomfortable with change.
It is HC after all. St Barbara was $5 in 2018!
Why would you want to stick with the status quo?
Fund managers will get behind Hoover - they love Ralph (Saracen). Funds don't want to own SBM now. Have posters not noticed?
Previous SBM quarterly was a shocker - limited cash to push forward with anything.
Now, two mills come into operation with the merger - that's Dacian - so Dacian is of value. Gwalia mill feedstock is hopeless - now Genesis tenements (30km away) come into play.
KIN is a sitting duck now for a scrip based takeover.
Above is not financial advice and my opinion only.
SBM Price at posting:
65.0¢ Sentiment: None Disclosure: Held
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