STB
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0.00% 40.0¢ south boulder mines ltd

OscarThink management were blind sided on this one. Liam...

  1. topcall44
    800 Posts.
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    23/11/12
    10:48
    Post #: 11098983
    Oscar
    Think management were blind sided on this one. Liam Cornelius took up options at 20c early to take rights up at 55c earlier in the year, don't think he would have done this if he thought Eritreans would have pulled this one out the hat as he still holds 10%.
    Have to say this announcement is a game changer and left the shares in limbo with the possibility of time blow out and funding issues, and still not sure what deal if there is one on the table. The mine will be developed, just by who.
    STB Price at posting: 38.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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