SBS 0.00% 2.9¢ sub-sahara resources nl

trading halt, page-7

  1. 885 Posts.
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    No chance of Zara being largely upgraded as the bulk of drilling they used for the new calculation was infill drilling with similar grades to previous holes. My guess is that it will increase to maybe 1 MOz with a lot more confidence in the estimate, but that would not be a giant leap from the current estimate. Placement at bargain price to a few mates is most likely given current cash situation.unless they flog off the Sunridge holding...a particularly stupid move ATM given Sunridge is way undervalued
 
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