Good luck with your strategy. If it makes sense to you then go for it.
I'm not so accepting. My opinion is that there is no substance to LionGold and their SP could easily collapse. They have no expertise with CIL plants which is what is providing SBL with revenue. I think they will struggle to get any where near 90% with their current offer. They do not appear to have any cash to buy SBL scrip on the open market to help them get there. All in all my opinion is that their bid is a nonsense. So I'm holding. If my strategy is wrong then so be it.
SBL Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held
