SBR 7.69% 1.4¢ sabre resources limited

what a disaster, page-24

  1. 4,582 Posts.
    lightbulb Created with Sketch. 134
    Glenn, thought I would open up a little as I know you well from the AVB thread - good job by the way, you are a top poster.

    SBR's current market cap is just over $20m.

    What does SBR 'curently' have -

    Cash and cash equivalents - $8m
    EPLs - $10m?
    Surrounding infrastructure - $25m to $30m
    (based on a decrease in capex of 3% to 5%)
    In ground resources of all prospects approximately $150m to $180m confirmed (as at 7% mid range = $11,550,000m complete)

    Total = $57,050,000 at current valuation, excludes further additional exploration.

    Now if a sulfide anomaly is found at either Guchab or Kaskara?!

    And after some further contemplation today; how deep was hole 1 of pad 4 again ... ?

    And what were the 'specifics' around how hole 2 of pad 4 were described ... ?

    Not long to go in my opinion, and although I was seemingly frustrated with the delay in announcement at least we now know where we stand.

    NL
 
watchlist Created with Sketch. Add SBR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.