announcement will be out next week, page-5

Unfortunately I do not hold the same positiveness that an announcement (....gold pour...) will arrive next week from SBL.

It seems to me that a lot of our Australian Directors (and I own shares in over a dozen companies) are not forthright in their timings and the truthfulness of contents other than purposely leaving uncertainty of meaning in their respective announcements. In some cases they are getting away with being outright deceitful.

This is a trend that seems to be Industry wide and has been allowed to ferment and take hold by the ASX and ACCC without anyone in authority at a company level being taken to account, except the poor shareholder who relies on these announcements in order to make fair and reasonable decisions. Directors no longer have to act in the interest of the shareholders.

If this was normal actions it would be called fraud and/or false pretences and the person would be charged with a crime. Recent posts by CEO regarding gold pour has certainly cost me now many thousands of dollars directly and opportunities elsewhere. Changes are urgently needed in our regulation and ensuring accountability of Directors. Clear understandable language in announcements is required IMHO.