STB 0.00% 40.0¢ south boulder mines ltd

paul's here

  1. 1,304 Posts.
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    O.K. so Lorry's gone. Sorry to see him go. You know what happens when walking forwards & looking behind at the same time? Now for the next phase of the operation.
    1. Sow up a deal with the Eritrean Government that is economical for both Eritrea & STB.
    2. Release DFS to raise some more interest & value in the project.
    3. Find a partner to help get this project into production phase.
    Or reluctantly, I state, Sell the project (but it beats the current situation).

    So who is Paul Donaldson?
    From November Announcement:
    Mr Donaldson, who joins South Boulder from a series of senior management roles spanning more than 20 years with BHP Billiton (“BHP”). At BHP, Mr Donaldson was most recently General Manager of the +50 million tonne per annum Area C Iron Ore operation in Western Australia. He was formerly Manager of Technical Marketing based in Asia....
    Mr Donaldson also brings extensive experience in high level business improvement and logistics at base metal operations and a high degree of integrated supply chain management, technical operational management and frontline leadership experience in the steel industry.

    Less than 3 months later, Paul is CEO. This strategic move by STB is certainly a good move given his experience, and must bring confidence to us shareholders! He has connections with BHP! BHP last year made it's intentions known that it was wants to take more interest in Potash. Surely, it doesn't take too much imagination to see how this story could unfold.

    All we need is these negotiations to be a success and that will indicate a turning point in the history of this company.
 
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