If you can find oz in the ground for $35/oz with the similar margins SPR will have, you're sitting on a 10-20 bagger. $ per oz in the ground is such a misleading metric and depends on so many different variables that its barely worth looking at unless the economics of the project are predictable.
There's a shit ton of ASX Goldies with under $50 resource ounce that will never mine an ounce bc they are actually just a pig wearing some sexy lipstick
Ann: Updated Exploration target for the Never Never Gold Deposit, page-137
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Last
$1.19 |
Change
-0.100(7.78%) |
Mkt cap ! $1.318B | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.25 | $1.16 | $5.385M | 4.543M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 41163 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 3968 | 3 |
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| Last trade - 12.56pm 12/11/2024 (20 minute delay) ? |
| SPR (ASX) Chart |