SBR 0.00% 1.4¢ sabre resources limited

Ann: Oversubscribed Placement and Vanadium Acquisition completed, page-4

  1. 6,296 Posts.
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    SBR


    Market Cap $8m approx (after raise)

    Cash = $1.5m


    COMPLETES ACQUISITION


    BALLA BALLA-


    JORC = 456mt @ .65%V, 13%tiO2,45%fe


    ——-NOTE——-


    BBIG has plans to spend $5.6b at Balla

    Building Iron Ore Mine,Port and Rail

    They have engaged and partnered with Chinese State Construction Energy Corp (CSCEC)for the project.

    How do I know ?

    I live close by and here’s a link -



    https://www.australianmining.com.au/news/balla-balla-iron-ore-project-edges-closer-development/


    Fe price is also steady at $67


    SPEEWAH-


    Next door to KRC(worlds largest JORC Vanadium Resource)


    UNANY-


    JORC = 86mt @.42% V- Possible increase in reserves



    Looks like we have a new Vanadium heavyweight entering the Market
 
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