SBR 0.00% 1.4¢ sabre resources limited

update, page-54

  1. 8,316 Posts.
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    Q

    i couldnt read your post.. its too long..

    seriously, i have not read it, just glanced at it..

    i accept the circumstances at sabre, theres no tim, matt is running it solo imho, and the directors are possibly not contributing

    at the next agm vote them out.. till then your stuck with them unless you call an egm and run some opposition to the board

    imho if you dont like it, EXIT

    or.. initiate changes if you have the strength of votes..

    the share price obviously reflects the situation clearly enough

    am i emotional about the loss. not really, i see it as it is.

    will i sell out and cystalise the losses? no..

    do i really care what is happening operationally? yes.. and i understand how tough it is in namibia.. takes months to do things that takes a few weeks in our developed country

    will it change? i can only observe that currently it has not for some 4 - 6 months

    will i bitch and moan about it? sometimes.. (yokka re posted a beauty a while back when i must have spat it... lol)

    but i am not stressing, if piano wants a penny stock and nil return, then that happens. maybe he will offer a few pennies later,, smart move..

    do you have enough time to make a change and make that change of any value in the next 9 months with an EGM, board change (who is going to replace the board? are you putting someone up??) have you the votes to do it??

    lets see what you guys do and lets see what actuality transpires.. IMHO nothing will happen from the HC revolution, and the current board will sit and the company attempt some drilling ops and maybe things might improve? but we are in namibia..

    check out the mad max movie, couldnt be shot here as australia was too green,, went to namibia after years of waiting, cost them 3 times as namibia had no resources. its a shell of a country.. just because it has a building doesnt mean anything is inside..

    anyways.. if i can ring sabre today i may.. but imho not much is happening there..
 
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