CEB2, I actually did the leg work and came to the conclusion...

CEB2, I actually did the leg work and came to the conclusion that as long as production costs were close to estimates, then there was little downside at the current mkt cap.

Some good drill results and an increased JORC resourse, then there is considerable upside at these levels.

SBL was 4.5c earlier this year, and would probably be this or higher if mgmt/board had not panicked at dropped the CR price to 2.5c. We are probably now seeing the last of these dissatisfied CR participates and underwriter allotment, So hopefully the June Quarterly will be show production is on track both terms of costs and volumes.