hangseng, I have been researching and watching every move by the management of this company for several months now. I've got to say I have been impressed by their reliability and performance and finally loaded up on 3.09.10. My purchases accounted for a fair percentage of the 35m turnover. Thanks for your input in relation to the prospects of this company. I note that capex for the ADU project is approx. $100m for the plant which is scheduled to produce 100k ozs pa. It appears SBL are well on the way to produce half this output for 10% of the capex cost! Now thats what I call exceptional management. Ave cost $0.02c.
gl and cheers raico
SBL Price at posting:
2.3¢ Sentiment: LT Buy Disclosure: Held