SBR 7.14% 1.3¢ sabre resources limited

Ann: Half Year Accounts, page-4

  1. 7,269 Posts.
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    I spoke with the CS they wrote off a lot of the explosion costs and the value was assessed by 3 different valuers to get the right figure.
    I have done more than 20hrs detailed research into SBR and the amount of money, what they brought Namibian teniments for and the grades already found in the ground use to have this thing at a market cap of 90 million +
    The same stuff is in the ground and they are writing off to comply with Namibian mining and energy board And auditors, nothing. What I’ve with that.

    I am not expecting this to be worth 100m
    But 1m market cap is just bloody stupid, Nickle going great and as soon as Speewah and Namibian licences aprooved we can get sell or jv Namibia.

    We are both on the same team and I respect your view as you have been here a lot longer than I, but this has legs and easily worth 4-7m market cap just like GED
 
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