Ann: Mr Tim Lehany to cease as MD and CEO effective 30 June 2014, page-34

Yes, I think that there has been a massive offload of the stock. I'm trying to be positive but it seems like it might end up sub 10 cents next week, PoG is hopefully going to continue north for a little bit longer. I've only got a small parcel so I'm just going to be hold til it makes or breaks. Having said that in SBM has jumped up from previous lows so there's no reason why it shouldn't do the same. It's got working mines after all. There's more speculative stocks that don't even have mines that are doing better than SBM at the moment.

SBM management need to pull their finger out, get a damn CEO that know what he's doing. Sack the dead wood do a CR if required to reduce this debt and return to a positive position. Cost reduction should be a priority. Every night employees of SBM should go home and pray for the PoG to go up. I'm happy to provide my CV if they are struggling to find a CEO.

That's my two cents, have a good weekend everyone.