SPR spartan resources limited

Take over premium ?, page-197

  1. 548 Posts.
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    Never ever in 30yrs on asx have i seen a resource of 1.3 mill ozs, and reserves of 1mill ozs.
    reserves usually half of what resources are or there abouts. Sometimes ever a quarter of the resources.
    i bet you cant find any on the asx with your conversion ratio.
    Look at NST over 20 million oz resource for superpit, only a reserve of around 3 to 6 mill from memory.
    i you find me one one the asx il eat my words and have post removed, and only companies with at minimum 500 oz resource, best a luck with it.
    rms 6 mill oz resource, 1 mill oz reserve. IMHO.
 
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