big annoucement just out, page-5

re: does any one own these??? That is the question indeed, hold, sell, or transfer into 1.25 NMC.

Will SED now priced at 26 cents raise their offer of 2 for 9 NMC ? - valuing NMC at 5.8 cents. If you think they will, then go for NMC shares, otherwise the keep or sell SBM decision is more marginal.

If you think the SED offer for NMC will be dropped, and conversion rights of 1.25 NMC for each St Barbara are holding up the latters share price, then sell SBM.

If you think that the sale of NMC shares, and reduction of shares in issue of St Barbara are likely to raise prospects - significantly more than NMC - at Meekatharra and Paddys Flats, then hold on to SBM.

Of course something else could come out of the blue, such as a possible gold price slump, a bid for SED ( unlikely ), or one or the other striking gold.

In the end its up to you, in what are highly speculative gold share punts.

Good luck - Greb