plus terrible performance with respect to the Asmara project that Sunridge took over, is likely to be eventually worth over 3 bilion $ and SBS have booked a net overall loss on the whole thing! SBS are running out of $ and had to sell the SGC shares at basement price (although luckily not at todays sub basement price!) to avoid a badly times placement that would have driven th SP down further. SBS could well go a lot higher if they can come up with a thumbs up feasability study for Zara before needing to raise cash again. Can they do it? Possibly, but not if they continue with rurther exploration elsewhere. As for Tusker with Barrick, it does look good but Barrick have gone very quiet on it so it could be relegated to their long term reserve pipeline.how many years is that? Still Barrick could give the thumbs up any day soon as well.in which case SBS is a tenfold bagger overnight. Well worth holding a few shares in the bottom drawer at current price methinks.
SBS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
