a summary of our grievances, page-37

RGB,

I must not have made my point clearly enough. Good drilling results will lift any price, irrespective of mgt ability/loyalty to shareholders. My point still stands that we should look for evidence of loyalty to shareholders before we give it (if other factors are light on the ground). I actually stuck with SBL thinking that they were doing a pretty good job in a tough environment. I knew I could loose money (poor results or management initiated dilution)and took the risk - no dramas, and it isnt over yet. My message is to those who appear to weight faith in mgt higher than a balance of probabilities. Still happy with what I said.

Cheers

Pedro