SPR 3.21% $1.45 spartan resources limited

Ann: Exploration Update - Dalgaranga Gold Project, page-63

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  1. 4,661 Posts.
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    Thanks @Prisoner24601. I have invested in many juniors with great new discoveries over the years only to see them hocked off for mostly soft reasons rather than developed. SFR was the only recent exception I can recall.

    The MD talks about "Drill - De-risk - Deliver" but no schedule has been developed past 2024. So what are they planning to deliver? Why are they drilling more holes to the centre of the earth for ore that won't be mined in the next decade? Apart from the drilling planned below the pit, surely there is enough work done to crunch the numbers and get this project fast-tracked back into production and self-fund growth rather than diluting us with further unessential capital raisings. Its starting to smell like we are being shopped around rather than re-developed.
 
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