SPR spartan resources limited

Take over premium ?, page-133

  1. 4,728 Posts.
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    Being in production while growing the resource will give us the biggest bang for our buck. Take DEG's share price as another example - they have been spending 10's of millions drilling resources that won't be mined for decades and have been range bound since mid-21 when the discovery euphoria dried up. Despite all the M&A rumours and being fully de-risked with a DFS and permitting, they are still regularly pumping out drilling announcements and burning big shareholder dollars with little affect on the share price.
 
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