It will be interesting to see what the market values the JORC resource of 1.5mill oz at. The average for West African gold PRODUCERS appears to be around the $150 mark according to SBL's own reports. At the moment the resource is valued at about $25 an ounce.
There is room for at least a 3-4 fold increase in the MCap as it moves towards producer status IMO in the short term.
Other people's thoughts?
SBL Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held
