Sorry mate but I disagree. The St Barbara share price has rallied since confirmation of achieving guidance. It has nothing to do with merger talks. Also Simberi is back to cash flow positive and the announcement of the solphide license has de-risked that asset considerably, extending the mining licence by at least 10 years. Genesis have nothing to offer St Barbara. If St Barbara merge with any other company in favour of consolidation, it will be a company that has similar size gold assets and not some guy that has a massive sense of entitlement because he happened to grow up in the area.
SBM Price at posting:
$1.25 Sentiment: Buy Disclosure: Held
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