To state the obvious
A lot of risk aversion around at the moment for these spec stocks
With the falling tide lowering most boats
It will be interesting to see, as the quarters roll along
Production capacity
Costs per ounce produced
Profit to SBL
Profit to other co-owners of the mine
To see how the business model is progressing towards the ideals in the purchase agreement.
I see the glass half full and filling as the project progresses
The expansion of the plant, hopefully while the builders are on site, is another boost. In that the increase in production will, according to the expansion announcement, lead to reduced costs ? 10-15%
Any way interesting times ahead for the longs
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no capital raising needed, page-27
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