SBM 2.13% 23.0¢ st barbara limited

takeover target, page-26

  1. 2,942 Posts.
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    "Yet management has not been rewarded by investors for its initiatives to develop the shallow areas on the mine’s edges, which that will extend its life for at least a decade."

    What a joke! I think it should read, "Investors have not been rewarded for Jetson's initiative to develop the shallow areas on the mine's edges that will extend it's life for at least a decade".

    These things have taken time but are showing promising signs. Any takeover offers at anything like these prices should be viewed as opportunistic. Loyal shareholders have taken the pain through the tough times and should be the beneficiaries of a positive turn around. I'm pretty sure Jetson has finally been able to get to Canada to see exactly what we have there and the best way to proceed with that.

    I have some confidence things will pan out for the better relatively soon.


 
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