SBM chart, page-191

I hold SBM. Unfortunately a lot depends on how well the company is managed even with quality assets. Pasminco (different metal) went broke because they got their hedge book wrong. It was reincarnated as Zinifex and rose from $1 to $19 because the assets were of such a high quality (it too latter suffered due to poor management). I am a lazy investor and don't know how clear or opaque SBM hedge book is or if it is well managed. Debt/equity ratio ok at about 10 percent ( not sure if they paid down some of their facility recently). If anyone has some reassuring information on how well SBM is managed would be appreciated. I hope the selling is over too. The one comforting thing in a strange way is all the gold stocks are being hit, so just not a SBM thing.