Sbr, will be valued on sucess. It will be given a certain cap value.
If they strike wide mineral deep, it will be viable, esp if plus 40m true width.
The consolidation means nothing. Some a forgetting it is not price, but market cap.
Sbr is 14m cap with nearly 8m cash.
Much wiggle room as EV is just 6m at the moment.
Ann: Consolidation/Split - SBR, page-39
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.108M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1010000 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 70000 | 1 |
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