SPR 1.54% $1.28 spartan resources limited

Ann: High Grade Intersections from the New Plymouth Prospect, page-23

  1. 111 Posts.
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    There is good support here. Onway8's chart shows great consolidation at these levels. I have never been a chartist but I can see the logic.
    From conversation with management under budget is significant. Considerably more than interest costs for first 12 months. They are also a little baffled by share price. But aware that this could partially be due to the time of year. I mentioned AUD and gold price but was told Gold price still AUD1700 and companies due diligence on mine was done at $1500. They are well ahead of expectations. Patience will be rewarded.
 
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