only way is up, page-66

Padhai, just did a little research about FML and IMO it is reasonable to compare SBL to FML. They have 3+ billion shares on issue including the options. They only have 265500 ounces of reserves and their cost for each ounce is app. $830. There share price currently is 5.6cents and it was in the low 8cents during production.

Now if you compare this to SBL,

1. We hae less share on issue about 2.4 billion, I think.
2. We have about 6 times more jorc resources currently.
3. Our cost would be around $600 to $700 IMO.
4. We are only at 3cents.

Just looking at these facts I believe that SBL, at the moment (IM NOT SAYING IN FUTURE), should be worth more than 5.6cents. Towards productin, IMO we should be reaching 10c plus.

I'm not an expert but a new trader, so these are my opinions, I could be wrong...DYOR