Ann: Ora Gold Launches $3 Million Capital Raising, page-23

That's not the case with SBM, it's financial woes are over ,it's MC is less than cash on hand and it's SIMBARI mining operations have turned positive, it's price dropped on THURSDAY because of the GMD shares that were part of the sale of LEANORA PRECINCT ASSETS that will be distributed on a 1 for every 4 SBM shares held. The biggest concern is the ATLANTIC mine in communist CANADA, the tailings dam is near full capacity and SBM is having difficulty negotiating its expansion, they paid over 700 million for that mine ,I believe with 250 million nett cash and SIMBARI operating in the black , surely they can get ATLANTIC firing with a profitable margin with in 12 months.
If you consider carefully, 1 billion dollars worth of mining operations, 250 million cash and M C of 230 million dollars.
TO ME THIS IS WHERE FORTUNES ARE MADE, OVER 20 YEARS ,ITS BEEN DOWN IN THE 20C range twice and bounced back to $ 5 per share , this is the third time and I'm banking on 3 times lucky.
AIMO0, GLTA AND DYOR.