SBR 13.3% 1.7¢ sabre resources limited

No this means the actual Nickel price based on the scoping study...

  1. 202 Posts.
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    No this means the actual Nickel price based on the scoping study finished in Jan, it showed the project to be cash flow positive at a nickel price of US$2200 per tonne,

    Any increase in resource and or grade is another bonus as it will make the project more profitable and protects against a fall in nickel price.

    After a huge rise upon the breakout in Ukraine conflict Nickel has fallen since inflation issues arose but it has stabilised and risen of late back to $23300, so SBR fortunes are not just determined by the market and normal day to day trading but also the nickel price and why finding an increased grade and resource is important.
    A decent increase in grade and resource will protect the project in case of a fall, a massive increase will derisk the project immensely.




 
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