Hi Flow,
I have been buying recently at an average of 31.9c. To be honest I can't believe I was able to stumble up on this opportunity after doing my DD.
Extremely undervalued. If they get noticed from the release of great results then this thing will fly with only 80m shares on issue.
Assuming the top 20 aren't selling (50% owned) and the 10% in escrow, that leaves only 34m shares available to retail punters. It would be increasingly difficult to build a position without pushing the price skyward.
I'm guessing the results in the trading halt for one or more of the holes are the ones we are waiting on at Sabre.
Note that when they hit high grade massive sulphide there was no trading halt in the past. It can only mean one thing. That this big.
Note the holes due back in the red circles.
I'll be holding onto my cannon very tight.
