Detail akcie Sabre Resources online

Business Summary: Sabre Resources Limited is engaged in mineral exploration. The Company is engaged in the development and exploration of its mineral interests in Namibia. It holds interest in Otavi Mountain Land project located in northern Namibia, in southern Africa. The Otavi Mountain Land project includes two granted tenements: EPL 3540 and EPL 3542. Its exploration is focused on the area to the east of the Kombat mine around the Guchab Mining Centre. It holds interest in zinc-lead and copper targets on the Border-Toggenburg and Kombat Corridors under the Otavi Mountain Land project. The Kombat Corridor is the 40 kilometer long lineament of copper mineralization extending east west from Baltika in the west, through Gross Otavi and the Kombat copper mine. It focuses on copper exploration at the Guchab South Prospect. The Company, through its subsidiary Kinetic Metals Pty Ltd, hold the Speewah Vanadium project, the Unaly Vanadium project and the Balla Vanadium project.
Financial Summary: BRIEF: For the fiscal year ended 30 June 2019, Sabre Resources Limited revenues decreased 50% to A$44K. Net loss increased from A$585K to A$13.7M. Revenues reflect Cost recovery decrease of 58% to A$35K. Higher net loss reflects Exploration and evaluation expenditure w increase from A$0K to A$14M (expense), Professional fees increase from A$0K to A$245K (expense), Provision for doubtful debts increase from A$7K to A$44K (expense).