SBS 0.00% 2.9¢ sub-sahara resources nl

I think if they hang in there any positive progress made by...

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    I think if they hang in there any positive progress made by Nevsun at Bisha will reflect on SBS. Nevsun are currently in the financing stages and could announce the package any day (week, month or year ) now. Eritrea strikes me as the sort of place that would be fully suppportive once things get to the approval stage, so once the financiers become relaxed about the soverign risk issue by demonstration with Nevsun, financing for SBS should be sorted. Groups like Lundin Mining have backed Sunridge in Eritrea so should not be too hard to find for SBS. And the good thing about pure gold mining is that it is not terribly complex, so startup-costs are not huge...
 
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Currently unlisted public company.

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