SBR 0.00% 1.1¢ sabre resources limited

Ann: Half Year Accounts, page-4

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  1. 7,583 Posts.
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    part of the MO - look at the company historically and theres a trend in CR when bank balance gets to approx $5m, nearology or "connected" entity sales of explorable property to substantiate CR's or even CR to further explore current land but after one drill ascertain that theres nothing there so keep money to keep the "lights" on and put distance between any drilling and results of such drilling in hope market will forget or lose interest then go again - rinse repeat i think some call it.

    results of last drilling were due and no reason given for delays so if past has anything to do with it then results are negative and therefore will delay to last minute to ANN but throw in a CR and new nearology play to ease the "pain".

    all IMO per past.

    consilidation required otherwise future CR's would have SOI at billions (many billions) and that would not be a good look. all imo
 
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