SBM 9.30% 19.5¢ st barbara limited

Thanks for the opinion Bobby, i was thinking that the isolated...

  1. 397 Posts.
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    Thanks for the opinion Bobby, i was thinking that the isolated nature of mining at these sites could be an advantage to SBM. My brother used to be responsible for sourcing mining equipment, spare parts etc for a large mining conglomerate, he informs me that sourcing parts to keep mining equipment going is always a nightmare and thats during the good times. Many of these parts are expensive and they simply do not have the budget to keep any depth in stock.

    So my guess is that my point (2) is far more of a risk at the moment than point (1), something to keep in mind and yes I may sit out for a while, monitoring on a daily basis.




 
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