"St Barbara is now well capitalised to focus on advancement of the strategy to realise value from the developmentpotential at each of Simberi and Atlantic and I look forward to this next important phase.”
They will bungle anything they touch, the nerve to say "I look forward to doing this". Like a peacock spreading it's wings showing the world how great they are and think they are the best shoe in all the time. They will stuff it up if they try. I'm pretty sure if they were given a choice, close the company return $500M to shareholders, or use all this seed corn cash and bankrupt the company & shareholders and keep their positions for a few more year, the latter of course. I bought in because I thought they would be winding down.
SBM Price at posting:
25.0¢ Sentiment: Hold Disclosure: Held
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