Reminds me of getting your car taken away when you leave it in...

Reminds me of getting your car taken away when you leave it in an inner city clearzone between the hours of 3 and 5 pm on a weekday.

The injustice burns. You complain. Drag it out as long as possible. Lose significant amounts of money. Want them to spend as many hours shuffling buraucracy as its taken out of your life. Whinge. Spit. Curse.

They nip at you with letters in the mail. Eventually, you get worn down. You pay the fine.

With SBL, you just don't get your car back.

It will get taken. Very soon after, LG will announce more info on the magnetite. Gold shipped will be profitable and details released monthly. Within 12 months an updated JORC will be defined over 2moz and mine pit designs completed. But LG SP won't be jumping too far, because its too high for a loss driven company as it is ... signs are already bearish despite the looming takeover.

SBL management could have done it for the shareholders too, but they only ever had the skills to run a gated car pound out of Collingwood ...

I'm there with you. Good luck for the rest of the week (and next) to the long term holders. Let's hope we can scratch a couple of extra pips out of the buggers!

COLCOM