I prefer they go into production as the upside is much greater for investors. If a suitor does not make an offer in the next few months, further great assay results together with a higher POG, will make a TO later into 2024 a very big acquisition, ie over $1b.
Seen some comments about 70c - 80c TO offer for SPR - they got to be kidding it was up to 66.5c today so those offers would only be 5% to 20% premium. I seriously doubt any of SPR’s big holders would sell at such low prices.
SPR Price at posting:
64.5¢ Sentiment: Buy Disclosure: Held
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