Looking at the drill results, the company seems to have averaged about 250m/month over the last year or so, making no adjustment for broken rigs, sacked crews etc. As they now have 2 rigs going and (presumably) have reliable crews and know what they want to do, your estimate may prove to be conservative. But then there is the wait for the assay results :-(
The website is certainly worth looking at. Little, if any, account has been taken of the potential to generate cash from the Border deposits and others in the trend. They have advanced their financial appraisals.
Ann: Guchab Canyon Copper Mineralisation , page-16
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SBR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.894M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 634370 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 497500 | 2 |
View Market Depth
| Last trade - 16.12pm 10/10/2024 (20 minute delay) ? |
| SBR (ASX) Chart |
Day chart unavailable