Blah Blah Blah
Drilling Results and more scheduled presentations than Taylor Swift concerts.
SP suggest no-one cares anymore as we all know how big this monster will become.
Interesting to note that Bellevue Gold in a Macquarie Presentation in May 2022 pointed out that
" Single asset development companies experienced on average +163% share price appreciation between announcing construction and reaching commercial production."
BGL has increased its MC by 255% to appx $2.2billion from around $850million (since announcing construction).
BGL kicked of with a 1- 1/12 million ounce resource with upside to 3 miillion significant borrowings of $200million and hedging of 200,000 oz at around $2600.
Apart from the level of debt and hedging and current MRE (which will likely grow to at least equal BGL's) SPR is in a similar postion to where BGL was prior to pushing the go button.
Ann: More strong drill hits across key prospects, page-23
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Last
$1.28 |
Change
0.040(3.24%) |
Mkt cap ! $1.411B | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.29 | $1.24 | $4.264M | 3.377M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 86300 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 29998 | 1 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| SPR (ASX) Chart |