SBR 12.5% 1.4¢ sabre resources limited

broker presentations brisbane sydney., page-15

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    There was no Brisbane presentation at RBS. RBS has a few brokers in Sydney that follow the stock but the company will not be covered formally at this stage according to my information. I suspect like most explorers RBS want to see some drill results before they put official pen to paper.
    The drill results are critical. The company is valued at $70M fully diluted. I am bullish on SBR but $70M has a bit of blue sky in the price already. The drill results will want to be very good IMO.
 
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