SBM 2.44% 21.0¢ st barbara limited

tell them they are dreaming!sbm will issue just under 450million...

  1. nk
    3,091 Posts.
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    tell them they are dreaming!

    sbm will issue just under 450million shares under the cash placement which is a 50% dilution to current holders... just for the cash to shore up the balance sheet.

    You still hold an operating gold mine in the highest cost operating environment in the world....the peoples democratic Republic of WA


    focus on cashed up juniors with quality resources....owning WA gold producers is the road to financial ruin
 
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