BGF ballarat goldfields nl

takeover, page-33

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    re: sbm is much better value SBM will also have a long mine life, it has similar resources and they are drilling all the time, it may produce 600,000 to 1million ounces for 20 years as well.

    Its like comparing BDG to BGF. BDG is much better, but BDG cap is higher then SBM's but SBM is already producing. SBM drilling program continues.. won't be long now I think. Have a careful read of this presenation, instos didn't give $50million to them for fun at 60c ;)

    http://sa.iguana2.com/cache/77368c70614a8664a748781c024c7ac8/ASX-SBM-320615.pdf
 
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