SBL signature metals limited

announcement will be out next week, page-21

  1. 120 Posts.
    I sold out at 2c today, partially for end of year tax loss reasons and partially because of the extremely poor investor communications from management.

    Although it's a risk I have taken upon myself, I will not be happy if an announcement of successful first pour comes out tomorrow or later this week when the first pour actually happened prior to Bill's return. I would expect a reasonable short term boost from a first pour announcement given much of the weakness is in my opinion due to uncertainty regarding the potential need for a further capital raising.

    christem, I also won't be happy if you get information which I consider material in a phone call to the CEO. The ongoing updates via phone call without anything in the way of ASX releases are also another reason for me to quit this company.

    I'm not sure if I will be long SBL again, although I may. I post rarely here and I don't claim to have added that much to the discussion, but I do wish all continuing holders the best. I have other places to park the money so I will be quite happy for my decision to be proven short sighted and my timing terrible!
 
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