SBR 7.14% 1.5¢ sabre resources limited

Ann: Appendix 2A, page-2

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  1. 12,830 Posts.
    lightbulb Created with Sketch. 15645
    O.k so somewhere's there has been another 6 million .008 cent options been issued - So the grand total is actually 792,958,027.... That;s a total potential amount of $6,343,664 being raised from the Options alone

    Then there is the additional $1,875,000 from the 125 million 1.5 cent options and ' Voila ' we would have potentially $8,218,664 of handy working capital contributions over the next couple of years.

    And only 1,250,646,258 total shares on issue .......and increase of 48.2 % from that of the last 3 B notice back in January 2020 and a total of only 406,929,251 additional shares.

    So even if ALL of the Options were to be converted and the approximate $8 million received , we would still have only 2,168,604,285 share on issue.

    And folks at 1.0 cents we would still only be valued at an astonishingly low $21,686,042 or a fraction of what others are valued at with almost double the shares and with no mine , no mining plant , and no current cashflows......wink.png
 
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