W H You maybe a 1 trick pony but it is an intelligent pony.
BM is working on a news release where they update the 5 year old feasibility study figures.
Raise AISC of gold 500.00 and lower price of gold from 1,150 in report to the 2015 low of 1.060.00 just to be on the safe side, he was seriously thinking of using the crash low of 2008. 1,150 might be a tad exuberant. Then change the Ca dollar exchange rate from a overly optimistic exchange rate of .80 to .90. Just to make sure no one makes a uninformed investment in SBB, he is lowering rate of investment to 3% from 24.4% and of course raising payback time from 2.9 years to 290 years. Again just to be cautious. Which of course will look real good considering interest you can get in the bank at -05% after service charges.
He is also seriously thinking in the next report in 2025 of lowering the g/t and extending the runway even further so Trudy can fly in and open the mine btween speaking at charites. for the big bucks. Changing name from SBB to MUC
Most Undervalued Company
There is late breaking SBB news. BOD have decided to scrap the new news release and go another direction and hire a new CEO. They have cancelled the new company jet on order and new extension to runway. Boeing was actually thinking of giving SBB the jet for the Hacket silver royaltyas planes are worth nothing right now ans silver actually is. New Board of Dir. has decided to plough 20 million into a new RE with a goal of 10 million plus high grade ounces and will be putting out a new updated R.E..with very conservative figures. With an expectation of a 1.5 billion dollar company by end of 2020.
The new new relase will be using a .80 exchange rate and instead of 1,150 gold 1,750 and payback of 1.9 years taking into account building and mining costs have gone up. The stock is expected to double from here in the near future and be taken out for 2 billion and then SBB will create a new deal with Glencore and start deveoping Hacket in partnership. Whining will become a thing of the past for MUC shl..