SBR 0.00% 1.2¢ sabre resources limited

Ann: Quarterly Activities Report , page-13

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  1. 1,873 Posts.
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    Nice posts guys. A big reversal in the direction of the Cu price overnight.
    I was also intrigued by the number of different angles and directions they have drilled off Pad 5. I took it to mean that they don't have to move along elsewhere to find a resource, but were doing a thorough job of looking at what is below Pad 5 and doing enough exploration so that these drillings will be incorporated into a certifiable resource at a later date.

    I didn't put my two bobs worth into the debate about why a certain other explorer had a SP up 3 or 4 times whilst SBR's SP has halved on drill intercepts that were better. And, and to really rub in the insult the other companies results were at considerable depth whilst SBR's results are either at surface or much shallower.

    saltbus
 
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