a message to investors, page-21

Hi all,

Here's the links for the phone calls made by posters to Bill along with kendalW and 101investor's atendance at the Investor Day Presentation.

kendalW @ Investor Day Presentation 24/02/11

101investor @ Investor Day Presentation 24/02/11

kendalW 11/04/11 phone call

christem 29/04/11 phone call

Zia 03/05/11 phone call

Londoner 22/05/11 phone call

Sorry if I missed anyone's phone call record but not easy to find all of them but feel free to add it to this thread.

No doubt from the telephone conversations there HAS been substantial delays from what Bill said or thought at the time and looks as though the market has punished SBL accordingly.

At the same time, their announcement of 28/04/11 did alude to the schedule, 6 weeks worth of ore on the ROM pad which takes us to around now as per my back of the envelope calc 16/05/11.

Considering the delays etc then I think everyone is entitled to have a whinge and a moan but please don't make it personal towards management, I can only go off my impressions when I spoke to Bill but I feel he is doing all in his power to get things moving and he acknowledged that "the commissioning feels like it's taking forever" so no doubt he has encountered some obstacles that he didn't initially envisage.

It gets difficult but I'm trying to keep things in perspective, as many other posters have stated delays are part and parcel of mining, like a chart I hope this "dark period" comes across as a blip when the whole picture is laid out in the months to come.

Good luck all.