"Jeez is the s/p getting ahead of itself, mkt cap re $809 mill (after placements),thoughts?"
Not the first person, won't be the last to think it, but for me it's about the risk v reward.
They now have funds to turn this into a potentially multi-million ounce, multi decade mine, probably no debt (a year from now) at a very low running cost in a steeply rising gold price.
The downside?.....hmmmm. Still working on that side of it.
SPR Price at posting:
67.8¢ Sentiment: None Disclosure: Held
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