Sable Mining Share Discussion Threads

[nash81] 05/11/2015 16:03

this is now ready to rerate up guys... buy and hold.

[aganatra20] 03/11/2015 11:23

I'm not tempted to top up. I'm making a healthy loss at the moment so averaging down seems a risk with this :(

[festario] 03/11/2015 11:18

Need to break away from this 0.7 range, this could come good.

[knicol46] 03/11/2015 11:09

+12% at mo, offer 0.75 potential coming up

[daveandlaura] 01/11/2015 19:40

SBLM chart looking primed. MACD,RSI and Bollinger all set.

News imminent.

[nash81] 30/10/2015 15:33

so under value SBLM is. with BFS due by end of the year (another 2 months maximum), and low volume shares available. this can easily be around 3p and may even spike to 6p soon.

good for those that quietly topping up here

[knicol46] 23/10/2015 08:41

India sniffing around to buy coal assets in South Africa

hxxp://www.lcnewsgroup.com/india-in-talks-to-buy-coking-coal-mines-in-south-africa/

[nash81] 22/10/2015 13:31

SBLM is worth lots more where we are now. only 8m mcap with series of good news and strong support from govn. our assets worth multiple of where we are now. sellers almost drying up and hence we are slowly moving up. good that no ramping here so that we can attract genuine holders rather than day traders

[nash81] 19/10/2015 15:44

ZAK MIR just issued SBLM target

1.5p first target

[nash81] 15/10/2015 15:38

from lse

SBLM has coal and iron ore:

- iron ore reserves around 200mt and DSO too (ie at surface, hence cheaper cost)

- this reserves is larger, for example, than BEM (BEM around 150m) and yet BEM mcap around 18m while SBLM only 7m

- SBLM was 100m mcap when the reserves were half the current size and iron ore price was 3 times higher in 2013 (around $140). so, with iron ore price now only 1/3 (ie $50), hence 100m/3 = 30m mcap, ie expected similar comparison indicated that SBLM should be around 30m mcap

- and this 30m mcap direct extrapolation was based on much lower reserves and less progress. we now already have mining licence and production licence. and about to go production next year.

- BFS is expected by end of 2015 and more Nimba iron progress report expected soon too.

Coal
- in sept we signed agreement for 600-megawat coal power station with zimbabwe govn. KIBO also have similar agreement with another african countries and its mcap now around 20m
- more updates are expected soon too.

note:
- SBLM has strong support from african govn and have around 50% of shares owned by directors/ex-directors and institutional investors (see website)
- i only made simple comparison with BEM /KIBO as an example only.

judging from these two assets, SBLM should be imho around 30m at least. at the moment mcap for SBLM only 7m.

lots of upside potential imho

dyor

[gavinbell] 11/10/2015 00:47

guys, watch WRES next week. news expected as early as next week. licence news worth 3p as mentioned by CEO. been drifting but now is time to get back in WRES

[festario] 06/10/2015 15:04

Upward trend continues.

[treetop91] 05/10/2015 17:05

AIM is susceptible to the pump and dump merchants,they seem to locate a small cap share and several buy to give impression of demand,possibly linked on twitter,and unwitting PI's follow sensing easy gains only to get their fingers burned badly.

[festario] 05/10/2015 14:11

Hmmm... eyebrow is being raised again.

[festario] 29/9/2015 11:38

Almost back to square one with this dog now.A proper pump and dump has been inflicted on AIM shareholders once again.

[recordz] 28/9/2015 11:18

Whats it like buying. Bid just dropped to .66.

[recordz] 28/9/2015 10:57

Is it warming up again.?
Pretty neutral at the moment.

[festario] 25/9/2015 16:15

Nope, there is no real appetite for these shares.Its fizzled out.

[recordz] 25/9/2015 11:55

I think its hungover after yesterday.
Maybe it needs lunch first.

[gavinbell] 25/9/2015 11:00

when is the next news in SBLM? several weeks away/mth?

have a look at WRES, news next week per RNS recently for massive licence worth 3p as per webcast by CEO.

its bouncing back up now with millions buy just now

[letmepass] 25/9/2015 08:35

Most of the seller's have gone... Steady buying now

[6ste] 25/9/2015 08:28

Something odd about this share. I recon it's going to explode but I don't no why. High volume yesterday and the bid/sell was all over the place. Interesting if nothing else. Starting to creep up now.