Based on peer comparison, the Sherlock M/M&I resource grade needs to improve to >1% Ni eqv. (preferably to 1.5-3.0) to see the EV and SP/MC of Sabre rise materially. It's unclear if the Discovery and Symonds areas can support such a move (even though drill results show higher grade lenses), which is perhaps why Sabre heavily reference Azure's Andover deposit that has a 1.38% Ni eqv. and an EV nearly 10X Sabre. The latest PR re. massive sulphide potential would be the game changer, IMO. Note: Not a Sabre holder but looking at value opportunities to add to my Ni project developer holdings.
Based on peer comparison, the Sherlock M/M&I resource grade...
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Last
1.9¢ |
Change
0.001(5.56%) |
Mkt cap ! $7.111M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.9¢ | 1.8¢ | $24 | 1.276K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 446014 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 13911 | 1 |
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| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
1.7¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.7¢ | 1.7¢ | 1.7¢ | 150000 | ||
| Last updated 15.54pm 09/05/2024 ? | |||||
| SBR (ASX) Chart |