be positive, page-4

pleasure guys. the only sensible way to grow is not organically , but by acquisition. and yes, if you look at small to mid companys out there that are producing , and with large inventory, there is not much in Australia. on the ASX 200 , it is scarce indeed. SBM could well be the only one. yes , costs are slightly higher than it should be howver there is large production profile that is on the cusp of delivering. at least 8 year mine life, likely to go much longer. now for a major to set up such an operation in the current environment its just not viable. so next thing is ?
acquisition. i would like to see SBM taken out. if NPV is 60 cents, then takeover would have to apply a premium for inventory in ground.

DYOR. im hopeful she will come good at some point. who knows., could well go head over bumm though.