If the Noble Boys do gain Board Control, AND do realise their objective of bringing the SP close to NTAB AND the SP reflects this then depending on where you reckon NTAB is ... between 4 - 7c then SXX is a potential four bagger plus... in a short space of time.
Even at a four-bagger say..... that is an excellent return. But as risk and return go hand in hand you have to evaluate the risk as well when looking at potential return. Potential gain versus potential loss and the relative probabilities of each.
IF all three of the Above events occur, then SXX will be transformed from an ugly duckling into a beautiful swan. Those sort of stories are why one invests in the mining spec end of town, because if you do your homework and combine it with a bit of pure luck, then you can make a lot of money.
You need to be an optimist... sure.... but an optimist who is objective and does the diligence too.
So while one can get pre-occupied with the negatives, and there are any number of them here at SXX, it is all history now. History.
A new Board armed with a lot of experience (good and bad) and a few dollars in hand may just be able to do a turnaround. At least have a company with things happening, a focus on being pro-active, maybe even drilling holes in the ground which is what explorers should do.
Or if Alex Keach has a bachelor of Business in Rural Management, then maybe take the company in a different direction. Into strategic procurement of valuable rural land. These days it is a commodity. Greedy, foolish and short-sighted Australians will sell their own country and its food-producing land to anyone who fronts up with a few dollars. No probs. Valuable assets, Australia's jewels, are being flogged for a song, so why not join the party? There is scope for becoming an Agency too, on a big and small scale. Trading. Doing deals with stricken land-owners. Gearing sensibly.
... or just go looking for copper..... even a smell of that will send the SP sky-high.
So at 1.4c it could be the bargain of a lifetime.... or not. Don't DYOR. Flip a coin instead. Your chances of winning are better.
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