Ann: Intention to Separate Atlantic, page-16

You know when they talk about military golf ? - left, right, left, right as the ball flies from side to side of the golf course ?

Welcome to SBM, where they just keep making strange and stranger decisions.....

So now bye bye Atlantic....how much will that cost - remediation, capacity upgrade, moving equipment, local management and someone if going to come along and just buy it, without a permit too...?

good luck with that as they say.

And so the plan is to focus on PNG, with a serious investment planned, despite the authorities being unhappy with management to the tune of a $500m tax bill and a plan to change the royalty base ???

- Country risk is generally high for PNG, but for SMB it is extreme and we have no sign of a mitigation strategy????

And so it continues....

The undying appetite in the market for an unloved gold miner ( cheapest in the world probably) pushing the price up off the bottom, only to be punctured by the latest nonsense from SBM Executive.

Wazz