another quarter come and gone

Well no surprises here. Infact, ... Nothing here!

The insiders have been aggressively chasing down any bids in the mid 7's this week fearful of the market reaction to more delays and missed deadlines. Can't say I blame their running out of patience. Thanks to some white knight who has valiantly made a stand at 7.5 all week we haven't tested 7 again yet.

Still banging on about buying out Kennedy from Zara. Already committed the money so even if the deal fell over it wouldn't make sense spending squillions for 50%. SBS should have stuck to the business of having other people spend big for a %, not end up as mugs on the other side of the equation.

For those that hadn't already done their own research, they have spelt out that the ZAR009 and ZAR010 are on the same section as ZAR002. Thats right, still only got economic grade intercepts on 2 sections 150m apart on one prospect with the other a duster. Hardly the stuff of "resource drill-outs" and major infrastructure investment.