SBR 0.00% 1.8¢ sabre resources limited

Nickel in the spotlight, page-13

  1. 5,403 Posts.
    lightbulb Created with Sketch. 3970
    Mate, I am a professional investor. Let's just see how this plays out. My insight is good.

    Go back over my posts, plus 1 year ago, OK last cr, my views, called down and we are 70% down from then.

    A material change needed to be had, assays delays were mentioned as sherlock will be drilled. Fact.

    If good, then a resource revision. Time.

    Do you think all that will occur, material enough to value sbr higher than 1c within 5 months?

    With all script added up, 1c will cap sbr at 50m.

    To be 1c, 50m requires something tangable that is not there right now.

    I think sherlock is good. My concern is timing on the short dated options.

    A safer bet for great leverage is new options, with limited risk as 2 years to workout.

    That is my message.

    Its proven that 70% of options, close to expiry when under strike do expire. So odds are 70% against those buying those.

    Sbro is down to 0.1 with 253m at 0.2 on sell. If one buys these, and sbr does not move, how do they sell with 1/4 billion up for sale?

    One needs to analyse risk before reward.
 
watchlist Created with Sketch. Add SBR (ASX) to my watchlist
(20min delay)
Last
1.8¢
Change
0.000(0.00%)
Mkt cap ! $6.737M
Open High Low Value Volume
1.7¢ 1.8¢ 1.7¢ $3.161K 183.7K

Buyers (Bids)

No. Vol. Price($)
4 894569 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
1.8¢ 23154 2
View Market Depth
Last trade - 14.33pm 04/06/2024 (20 minute delay) ?
Last
1.8¢
  Change
0.000 ( 5.88 %)
Open High Low Volume
1.7¢ 1.8¢ 1.7¢ 166255
Last updated 14.33pm 04/06/2024 ?
SBR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.