Thanks a lot, Thorium.
I was a bit surprised that they expect to have enough cash for 18 months' operation - I could see them clear to June 2014 without problem provided that there was no support for GED. But that is good news that they can keep the exploration moving along at such a slow burn rate.
As to the market: sure it's difficult but they have not yet provided the market with something from which it could calculate a value. Exploration targets are fine to conjure interest in good times but are hardly a basis for conventional valuation. They were embarked on producing a JORC estimate for Guchab and the market is still waiting for that. It doesn't have to be the last word on the matter but it would be useful to have the first word on the matter.
- Forums
- ASX - By Stock
- SBR
- something to muse over
something to muse over, page-24
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SBR (ASX) to my watchlist
|
|||||
Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $4.715M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.2¢ | $4.235K | 344.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 235482 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 205001 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 235482 | 0.012 |
4 | 495573 | 0.011 |
3 | 422818 | 0.010 |
1 | 230000 | 0.009 |
2 | 495000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 205001 | 2 |
0.014 | 383532 | 1 |
0.015 | 53804 | 2 |
0.017 | 19500 | 1 |
0.018 | 187001 | 1 |
Last trade - 13.27pm 20/08/2024 (20 minute delay) ? |
Featured News
SBR (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online