Patience is the key as far as SBL is concern. It is the "so near...

Patience is the key as far as SBL is concern. It is the "so near yet so far" feeling at this stage that will probably make some investors impatient and "trigger happy" i.e. selling of to take whatever profit that they have accrued.

But if you are looking at stories through Ghana local news on Owere Mining, which I interpret as basically SBL management running the show, it is progressively putting down the foundation for the plant operation and production of gold.

Reading through the news, it is very clear the agenda of SBL, to put a strong Social and Political Foundation in place and it is critical in a developing countries like Uganda especially when you are a "new player" and foreigner in the country.

Now from the operations perspective, they are bringing on board HSE processes and implementation of HSE projects, and like Invest Egate stated, employing people shows further sign of progress towards operational phase and first pour. Training of the workforce which is critical in the developing country also show the resolute and seriousness of the SBL management to make this operations successful.

Even if there is a slight delay in the commissioning and operations of the gold plant, I believe the signs shows that they are getting on with the job to achieving that, whether it is plant parts or legislative compliance e.g. epa approval.

So like the old western movies that I like to watch, as there is a shoot-out, who blink first losses. And patience is the key here.

Best of luck everybody. Hope SBL will be the geese that lay the golden egg, and I am sure we won't turn up to be the goose.