Every dog has its day
SBR over the year has cried wolf so many times, only to further dilute, raise, disappoint.
But given the current Nickel price environment, the exisiting JORC + potential to expand the resource + global events and demand, could SBR surprise with Sherlock bay?
No I am not talking about production or dividends in 10 years time. I am talking about 10x SP based on resource and global demand hype. You can work out what that means for the oppies yourself.
SBR will always be a ST trade imo (personally not even considering holding to potential production) and at 10x potential it is one I am happy to back all the way from here.
I believe the SBROBs are a decent bet into a hot sector, even pre consol imo.
The MLS pre / post consol timeline gives a good indication of what could be imo
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