Good write up. As a BDC holder and soon to be a severely depressed SBM holder, I have one question - Why the hell on earth did SBM buy this Atlantic Canadian dump for $780m a few years ago?? Looks to be the absolute worst management decision I have ever come across. Producing next to nothing and cannot get permits and mammoth issues with ore disposal…
SBM Price at posting:
$1.30 Sentiment: None Disclosure: Held
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