SBR 6.25% 1.5¢ sabre resources limited

I don't see much risk in any pegmatites being too deep to...

  1. 1,331 Posts.
    lightbulb Created with Sketch. 718
    I don't see much risk in any pegmatites being too deep to commercially mine particularly as there is exposure at surface. Have a look at Liontown where the lithium pegmatites are so deep they are developing an underground mine. The first hard rock underground lithium mine globally. I know LTR has one of the biggest lithium resources on the planet and a market cap of over $6 billion but it does show that deep deposits (>60m) can be exploited even in very remote areas with zero infrastructure, which is what LTR has. By comparison, SBR is infrastructure rich and likely very shallow cover over any pegmatites. IMHO.
 
watchlist Created with Sketch. Add SBR (ASX) to my watchlist
(20min delay)
Last
1.5¢
Change
-0.001(6.25%)
Mkt cap ! $6.287M
Open High Low Value Volume
1.6¢ 1.6¢ 1.5¢ $976 62.56K

Buyers (Bids)

No. Vol. Price($)
2 575000 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 349957 2
View Market Depth
Last trade - 13.09pm 30/09/2024 (20 minute delay) ?
SBR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.