SPR 3.74% 97.0¢ spartan resources limited

Ann: Significant Assays Results Outside Never Never MRE, page-4

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    Warning - the following confession will shock you. Please do not read if you are faint hearted.

    With the mill turned off and the cash bleed significantly reduced, I couldn't resist the opportunity to jump aboard what is shaping up to be a major discovery with favourable metallurgy at a bargain basement price. The Never Never main zone is looking really meaty at depth and with potential for a hanging wall repeat emerging, this has +1 million ounces at a grade several times higher than the garbage previously mined at Gilbeys written all over it. I will also be voting against converting the Deutsche Balaton loan to a royalty - shareholders cannot afford to forgo any more upside on what is shaping up to be a belated gamechanger.

    Good luck!
 
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