i find it concerning that they referenced gold dore being shipped from site, yet no word on fine gold oz produced or sold. In my very sceptical mind (when it comes to SBL management) I wonder if - 1. the dore has significant impurities, hence they are too chicken to tell us. or 2. they aren't attempting to refine the dore yet, hence no revenue, hence the 'need' for this takeover to take place in order to continue operations.
Either way is outrageous, so I just hope my scepticism is unfounded.
BTW, I will not be selling to LG - compulsory acquisition is the ONLY way they are getting their filthy mits on my stock.
cheers Split
SBL Price at posting:
1.5¢ Sentiment: Hold Disclosure: Held