I rang and spoke to Bill the MD today, and had a good chat. I won't divlge too much, nor was anything disclosed which isn't permitted.
What I will say, is that he is a very approachable and matter of fact fellow, and they would appear to be working along towards first gold pour well and focusing on doing it properly and not rushing and making any mistakes
It's not a simple process and at the end you "can" produce a bar which isn't sellable so the focus seems to be on quality first time
I asked about consolidating the share registry and it will be something they do at some stage imo
In a rush, so that's all I have for now, but I will not be selling my position in my SMSF at these prices and I feel, SBL is considerably undervalued and we shouldn't have too long to wait for upside
Cheers, Wilson
SBL Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
