SBR 0.00% 1.2¢ sabre resources limited

something to muse over, page-32

  1. 1,655 Posts.
    Thanks for all your input, qantum, and best wishes for a great Xmas to all.

    We will enter 2014 with a strengthening copper price and, hopefully, a better outlook for the global economy. There is hope that the sentiment towards minerals companies may improve and, so, any good news from our silent (hopefully not, sleeping) BoD might be released into a more receptive market.

    As to the accusation of ramping: the company's exploration target was formulated by two geologists, both of whom are qualified as competent persons. They do not control the trading in the company's shares, however and progress has been slow. The top end of that range would put the value of the project at well in excess of $1/share (currently in issue) and would seemingly be within the capacity of local processing facilities assuming a 10-15 year mine life.

    The prospects look good but they need to deliver. Let's hope that 2014 is the year of delivery.
 
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