interesting points
imho for any company to go to the level of reporting anything close a potential "mineral resource" would not require more field reporting saying they once again saw something
i think if you read my previous post, i have highlighted what sbr are telling all shareholders
in essence, the signs seen in the drilling thus far has lead them to believe, and this is of all their present findings, that the findings "indicate that there is a base metal sulphide mineralising system present in the subsurface at Kaskara"
so no one out there investing in sbr right now with any other notion about what it is that sbr is doing at kaskara.. its solely about what type of mineralisation system is present
my view is that the next step is not to report they have located it, as they already have reported they understand one is present.
although the troopers out there have not picked it up.
hence the very cheap sp of sbr
my view for the situation is that any reporting on the mineralisation from this point on would create massive buying interest, the management knows that, so does the asx and guidelines are guidelines
right now responsible reporting is essential
"We will update shareholders with the results of the diamond drilling as they come to hand."
nothing will be reported by sbr until the results of the mineralisation are processed..
my view is that the mineralisation they know is there, as evidenced in previous reports, is being assessed right now
if there is no mineralisation evident, then imho the duty of care for sbr is to report that at this point. so no reporting imho means its a work in progress
happy to hear anyone else's point of view on this..
best of luck to all holders
all imho and dyor
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Last
1.2¢ |
Change
0.001(4.55%) |
Mkt cap ! $4.519M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.1¢ | $2.77K | 250K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 49694 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 796042 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 2435923 | 0.010 |
4 | 555666 | 0.009 |
3 | 595000 | 0.008 |
1 | 200000 | 0.007 |
1 | 500000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 796042 | 2 |
0.013 | 272727 | 1 |
0.014 | 525927 | 4 |
0.015 | 585000 | 2 |
0.018 | 447001 | 2 |
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