How are you Ests,
I don't disagree with you mate, and I certainly share your frustration. but my point in saying "Their previous strategy of only exploring guchab and not testing other targets simultaneously was a bad call"...was in reference to Matt's plan for quick shallow reconnaissance drilling of high priority targets from the Geophysics. At a cost of less than $50 per metre inc assaying, and the ability to test targets and quickly move to another; this is a 'no brainer' in my book, and should have been done long ago. I think this mineral province deserves this attention at the least.
In regards to Guchab, well...2 years of drilling to produce 64 odd holes...I wanted more than 2 drill rigs over there over a year ago and was very vocal on this website and to SBR...Another reason why they may have scaled back to the Company owned DD rig on Guchab was the steepness of the topography to the south of Guchab....
Guchab is a commercial deposit at present imo. Because of the infrastructure in place, and its from surface, the volumes you need for viability is far less. But we need narrative from SBR on their plans with it.
I called SBR a few days ago to not just ask them for an update, but to ask them to provide a detailed plan of where they want to take this and how they plan to get there. However after discussions with Matt, he already had this in mind to provide this to us.
- Forums
- ASX - By Stock
- The path forward
How are you Ests, I don't disagree with you mate, and I...
Featured News
Add SBR (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.2¢ |
Change
0.001(4.55%) |
Mkt cap ! $4.519M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.1¢ | $2.77K | 250K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 49694 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 796042 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 2435923 | 0.010 |
4 | 555666 | 0.009 |
3 | 595000 | 0.008 |
1 | 200000 | 0.007 |
1 | 500000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 796042 | 2 |
0.013 | 272727 | 1 |
0.014 | 525927 | 4 |
0.015 | 585000 | 2 |
0.018 | 447001 | 2 |
Last trade - 15.15pm 15/11/2024 (20 minute delay) ? |
Featured News
SBR (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online