Imagine how much SPR could grow the company and how much higher the share price would go if they fast tracked production. Obviously nobody here remember NST's success at Paulsens, which was the catalyst to what they are today. CMM is on a similar trajectory.
Unfortunately most of my investments in gold discoveries end up being prematurely hocked by [#@!*] directors - none worse than the $600m cash takeover of Papillon in 2014 due to "challenging market conditions" that went on to become a 500,000 oz/year producer and made squillions for the new owner B2Gold. The $400m takeover of Doray by SLR also rates as one of the worse I have even been a party to.
PS. Anyone want to bet that SPR starts looking at a big pit cutback and ditches the drill drive (again)
Ann: Change in substantial holder notice from RMS, page-41
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Last
$1.33 |
Change
0.005(0.38%) |
Mkt cap ! $1.472B | |||
| Open | High | Low | Value | Volume |
| $1.36 | $1.42 | $1.32 | $8.699M | 6.384M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 32179 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 990 | 1 |
View Market Depth
| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| SPR (ASX) Chart |