SBR 0.00% 1.5¢ sabre resources limited

interesting close, page-50

  1. 4,582 Posts.
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    Currently 20c below the actual SP when considering cash, locality, resource and infrastructure actually is in my opinion.

    The market has SBR at least 100% undervalued - many may beg to differ YET this is what will be factored in instantaneously when step-out drilling completes / confirms and Kaskara brings up the first core.

    Thus not only will there be a re-rate on the current worth but also on the extent of confirmation.

    I am sticking to 80c based on fundamental / technical timing.

    NL
 
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