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Business Description: South Boulder Mines Limited (STB) is a diversified explorer focused on potash, nickel and gold. STB has a 90% interest in the Colluli Potash Project in Eritrea and is the Companyâs current focus.
Strategy Analysis: The Company is focused on the acquisition, exploration, development and mining of STB's resource projects which include potash as well as multiple gold and nickel prospects.
South Boulder Mines provided its December 2011 quarterly activities report, reporting that a detailed engineering scoping study for the Colluli Potash Deposit was completed generating highly favourable technical and financial results. The results firmly confirm Colluli as a âTier 1â global potash asset with enormous upside potential and a definitive feasibility study (DFS) is well underway for completion in 2013. In addition, an initial JORC compliant Mineral Resource Estimate has been compiled for the Rosie Ni-Cu-PGE sulphide deposit comprising 1.74Mt @ 1.7% Ni (29,800t Ni), 0.4% Cu and 1.9g/t Pt + Pd (>1.0% Ni cut-off). The company is well funded to progress the Colluli DFS and is in the process of finalising a fully underwritten 1 for 5 entitlement issue to raise ~$10.7m.
Nick Swales, Regional Director, Newcastle Office, Rathbones 27/10/2014 |
âIf you want to have a better performance than the crowd, you must do things differently from the crowd.â Sir John Templeton.
Ric Spooner (Chief Market Analyst, CMC Markets) 20/10/2014 |
Today, Australian investors will not have to go it alone buying stocks as they did for much of last week. Bargain hunters this morning will be supported by the morale boosting encouragement of a 3% turnaround in the German Dax and a 264 point rally in the Dow Jones.
Carl Richards, director of investor education at the BAM Alliance 17/10/2014 |
âAs odd as it may sound, the sooner you start treating your investments like you treat life, the happier youâll be with the outcome.â
William H. Gross, Janus Capital Group 16/10/2014 |
âFinancial markets are artificially priced. In the bond market, there is nothing normal about a three year German Bund yielding âminusâ 10 basis points.â
CMC Markets 8/10/2014 |
Share market indices around the globe are breaking down. While analysts cast around for reasons, itâs clear that a time factor is in play. Simply put, many investors âfeelâ a correction is overdue. How low could it go?
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