signature metals aggressive explorationprogram, page-21

There is general fear in the market and high risk, high spec shares always get hit harder when there is so much uncertainty. Fundamentals fly out the door (I had a number of shares trading below cash in bank during the GFC, as I'm sure others did).

Nothing has changed with SBL from yesterday other than they now have an underwritten CR @ 3.3 that makes up ~20% of their issued capital (and shareholders can benefit with a 10-1).

We have first pour to come, the lions share of drill results still to come, a new crusher now to come, and significant funds to continue an aggesive exploration programme (plus all working capital committments covered).

I continue to be excited about the potential as they go deeper given the lack of exploration to date and the nearology factor.

... and manganese (bit disappointed they only earmarked $250k to this, but still described as potentially significant!)

Holding my resolve at this stage of the game (was tempted for more today when it dropped below 3.3, but held off).

Good Luck All

Maddoc