Sabina has $50M cash people$48M of which is in CiBC's GiC , totally safe and making enough interest to fund admin/ annual office expenses
that's about .76/share in cash for a $1.46 priced or $95M M/cap priced advanced mining co with a $48M GiC
that means you are paying ~$45m for Hackett let alone other properties SBB has
didn't Hackett River have about $10B in proven mineral assets?