SPQ 0.00% 0.7¢ superior resources limited

Copper & Nickel, page-33

  1. 5,785 Posts.
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    Esra, a prob in a good way. If Spq gets resources up. Production up as a result. They could build a plant, feed ore from so many close deposits.

    I was thinking logistically. Bottletree does have gold so it fits into there pure gold resources.

    If you allow a big miner in, say bigger than Spq, may TO Spq cheap. I would.

    Also Dido is close also and another 2 very good projects.

    Spq gave not really explored much really, maybe 5%.

    Sometimes you do not want big brother with way bigger pockets living next door to you.

    Persides, if bottletree is good, alot more money owning and producing than a quick cash payment upfront.

    If they get say 300m x 200m x 200m. And sell it and the new owner, extends to 500m, by 1km. They loose big time.

    There gold operation will generate 1m a month, maybe 2m a month if they can double resources which I believe will occur.

    If 2m a month, that's, 24m a year, easily could cover 100m capex with some debt funding and a modest cr.

    If success, I doubt soq will be 1.4c.

    Just look at cxo. 6c to 60c on moving to producer.

    They can fund production of bottletree I feel.

    I am astounded by how many close prospects they have.
 
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