Blah Blah Blah
Drilling Results and more scheduled presentations than Taylor Swift concerts.
SP suggest no-one cares anymore as we all know how big this monster will become.
Interesting to note that Bellevue Gold in a Macquarie Presentation in May 2022 pointed out that
" Single asset development companies experienced on average +163% share price appreciation between announcing construction and reaching commercial production."
BGL has increased its MC by 255% to appx $2.2billion from around $850million (since announcing construction).
BGL kicked of with a 1- 1/12 million ounce resource with upside to 3 miillion significant borrowings of $200million and hedging of 200,000 oz at around $2600.
Apart from the level of debt and hedging and current MRE (which will likely grow to at least equal BGL's) SPR is in a similar postion to where BGL was prior to pushing the go button.
Ann: More strong drill hits across key prospects, page-23
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 (20min delay)
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Last
$1.30 |
Change
0.028(2.16%) |
Mkt cap ! $1.429B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.31 | $1.27 | $1.084M | 840.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 43360 | $1.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 15052 | 10 |
View Market Depth
| Last trade - 11.58am 09/10/2024 (20 minute delay) ? |
| SPR (ASX) Chart |