SPR 1.22% 83.0¢ spartan resources limited

Ann: Trading Halt, page-51

  1. 817 Posts.
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    RR rising stars presentation said funded for:

    All drilling, study work and associated costs through to mid-2024, including: • Resource definition surface drilling targeting substantial upgrades• Exploration drilling targeting nearby high-grade “look-alike” prospectsMaiden Ore Reserve due early 2024All studies related to reserves and restart FID studyTargeting a mid-2024 restart decision

    That language is ok to me, so long as this CR is for something else, like getting started on the decline and mill upgrade for finer grind size.

    I don't follow why NN changing direction is a problem so long as they can still follow it. Aren't we getting to the point where the shape of the deposit is going to have to be determined from underground as the mine proceeds?




 
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