Sandybeaches,Forget the conspiricy theories,the only adgenda is...

Sandybeaches,

Forget the conspiricy theories,the only adgenda is to hold SBNC management accountable for my investment.
I tried to tell you guys with my first post that the Bfs was'nt going to happen.
Look at the sequence of events. A post on the 30/04/04
re BFS and no NOI and few hours later a nothing announcement.
So much for contiuous discolsure.Absolute joke.We should have been told of any problems with regards to the NOI and the reasons for the withdrawal.
This comment to Mining News about flora and fauna surverys and stuff like that needing to be done do you guys really buy that? I dont. There is a range of issues that they probably still have to address and eventually will do. Getting the NOI sorted out will eventually happen. But making the project viable if it is'nt wont happen.
If it was just the NOI then SBNC should have a fair idea about the financial side of things now.The current phase of drilling that was due to occur in late January to assist in pit definition and design blows me away. Are SBNC telling us that after raising $2,047,500 to fund ongoing work associated with a BFS about 4 months ago
we are no nearer to knowing wether a mining contractor has began any studies with regards to mining costs and
whether the project is viable or not. They already have over the 8 million tonnes they needed before going into a BFS. Based on where SBNC are at at the moment and from what they have been telling us about the storey so far I'd say that they are well overvalued at these levels I rekon there worth on more than 6.5 cents which is where the last issue was done at. Even if the stock was to get back down to these level which it may well do i'd be thinking twice about whether to get back in. SBNC need to do something really special to get me to support there stock again. Just dont trust the storey anymore. This is just my opinion you do your own research an make up your own mind.