SBR 7.69% 1.2¢ sabre resources limited

something to muse over, page-22

  1. 13,316 Posts.
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    Great post/update - thanks mate....

    Particularly liked this bit
    "If modelling is correct we should start to see increasing grades as we proceeed."

    And also like this bit.....
    "Its still a bit to early to enter formal MOA or MOU's with either Dundee or Kombat but there has been plenty of discussion. Dundee's expansion which is over 60% complete will be hungry for concentrate so there is a high confidence that a deal could be done. Additionally, Dundee could be a potential purchaser should they wish to control copper in the region."

    I am going to have to ring the company to better understand what is the potential for early open pit operation to provide short term cash flow and reduce reliance on tapping equity market and dilution....this is where really keen to see some plan around here given have existing processing infrastructure in place...Anyone speak to company and get answers on this b4 I get the chance to please let us know....
 
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