SBR 0.00% 1.4¢ sabre resources limited

Ann: Sherlock Bay Mining Study, page-4

  1. 7,505 Posts.
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    Very encouraging – would be great to go into production.

    The scoping studies referred to in this report are based on low-level technical and economic assessments and
    are insufficient to support estimation of Ore Reserves or to provide assurance of an economic development case at this stage..”
    So crux of it all is awaiting:

    “When the processing study is received, Sabre will combine it with this updated mining study and will prepare an updated scoping/pre-feasibility study for the project.”

    Look forward to further ANNs and in particular the updated scoping/feasibility study.

 
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