SENS-AI
SXM Operational Update Neutral

SABLE EXPLORATION AND MINING LIMITED - Quarterly update in terms of the JSE listings requirements re suspension of listing

Sable Exploration and Mining Limited
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What this filing means

Sable Exploration and Mining remains suspended with no definitive timeline for appointing an auditor or publishing its outstanding financial statements.

Bull case

  • The company is actively engaging with JSE-compliant audit firms and preparing a reinstatement application.
  • Management is systematically assessing core operational arrangements with Lapon Plant and Daemaneng Minerals to validate going-concern status.

Bear case

  • The company remains suspended and cannot provide a definitive timeline for the publication of its outstanding Annual Financial Statements.
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Category
Operational Update
Published
Mar 27, 2026

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