SPQ 0.00% 0.9¢ superior resources limited

SPQ chart, page-459

  1. 5,498 Posts.
    lightbulb Created with Sketch. 4028
    Bluegumnuts, I think any future value may depend on what rio gets on there own tenaments close bye.

    Coppper has been in defecit if it had not been for recycling.

    They expect small surplus the next few years, but 2025 crunch time. Possible 20k US per tonne then.

    If Spq is correct, very early days bottle tree could be 50m tonne low. I used 400m x 250m x 250m.

    Target is 800m by plus 1km.

    I'd think tier 1 copper, 1b min value. Big gains for spq at 27m cap if they are sucessfull.

    Generally though, if indications are there, companies like bhp, rio and glencore move early, I doubt if Spq gets tier 1 we see that cap.

    Also they have multiple good targets, so I feel they have put a target on there backs in a way.
 
watchlist Created with Sketch. Add SPQ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.