SBR 14.3% 1.6¢ sabre resources limited

This is both good, intriguing, unsatisfying and satisfying. Why...

  1. 2,988 Posts.
    lightbulb Created with Sketch. 668
    This is both good, intriguing, unsatisfying and satisfying.

    Why do i say all of above. Well i have seen this arrangement before, and it can be for a couple reasons. One to prevent conflicts of interest, such as GED etc. Even though we suspect where that might end up. Two because the person is so interment with the company and its existing corporate governance & holdings, that they know or suspect whats in the ground and want to have any arrangement that will be commiserate with performance based on certain payment criteria, indicative of the future success ahead. So thats the satisfying part. As i believe it could mean good things in store ahead. Especially given his geological background.

    Unsatisfying, as im sure they could of entered a dozen other arrangements and negotiated a better setup. But hey lets see where it leads.

    DYOR.
 
watchlist Created with Sketch. Add SBR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.