SPR spartan resources limited

Ann: RIU Explorers Corporate Presentation, page-23

  1. 35,648 Posts.
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    Mind you Paulsens was picked up for a pittance and a loan by the seller , with a resource , SPR is already around 500Billion diluted so we are already part way through the curve of value accretion .
    Paulsens was a vehicle that made Bill Beument famous , I am guessing he could have done that with many mines initially , given his following track record at mining at far lower OPEX than predecessors , causing cut off grades to be lower for what was economic to mine and so making more ounces in the MRE without him even drilling for ounces .
    I never thought about theNN lode similarity to Paulsens so nice pick up by you on that IMHO
 
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