SBL 0.00% 0.1¢ signature metals limited

news this week, page-3

  1. 13,316 Posts.
    lightbulb Created with Sketch. 168
    I spoke with Bill Friday.....

    Gold Pour soon....Bill reiterated not talking about flick of a switch re: loading ore.....which as stated on here takes 4-5 weeks...

    Reiterated that if was any material delays (weeks) than would have announced that to the market....only usual minor things like pump needed to be replaced and hence retest needed with it replaced, which might add a couple of days but no material delays...

    Stated was very dissappointed didn't meet April deadline as they don't take setting those deadlines lightly...problem of working to "Africa time"....e.g. need to print a document, computer broken down and only computer!

    Conversed about a couple of other things..namely

    - Bill reaffirmed how undervalued they are on EV/oz basis and for goldie about to become a producer
    - last cap raising...probably enough said on this...
    - work well with other African gold miners
    - in moving to production will use revenue generation to do more (costly) drilling at depth...as to date most of drilling been at shallow depths...
    - drill results...don't play games in releasing on Monday etc but just release them as soon as receive them...


    Bottom line is came away comfortable with forward news that is forthcoming....


 
watchlist Created with Sketch. Add SBL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.