SPR 6.05% $1.32 spartan resources limited

Take over premium ?, page-136

  1. 4,669 Posts.
    lightbulb Created with Sketch. 906
    C'mon guys - every time I cite something as an example you stop your knitting to tell me its not the same. So to clear the air first, nothing in nature is the same.

    As I have previously posted, a greenfields development like Okvau (or Bellevue or Gruyere or Karlawinda or Kantanning etc etc) would need at least 10 years to attract the financing and offer a reasonable return on investment. SPR already has the infrastructure in place and therefore a much lower capital requirement, so there is no reason why they can't drop the less important things like promotions & conferences and replace it with advancing the mine restart while continuing to drill (assuming that management is not all male and capable of multitasking).
 
watchlist Created with Sketch. Add SPR (ASX) to my watchlist
(20min delay)
Last
$1.32
Change
0.075(6.05%)
Mkt cap ! $1.463B
Open High Low Value Volume
$1.32 $1.36 $1.30 $9.643M 7.293M

Buyers (Bids)

No. Vol. Price($)
1 38428 $1.32
 

Sellers (Offers)

Price($) Vol. No.
$1.33 21200 2
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
SPR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.