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SPR spartan resources limited

0.00%

$2.13

Ann: Dalgaranga Gold Project - Mineral Resource Estimate Update, page-37

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Joelstar

5,543 Posts.

4879

23/07/24

09:58

Post #: 74868468
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Originally posted by Siva108: ↑

https://hotcopper.com.au/news/asx-news/149223/dalgaranga-gold-plays-increase-in-mre-a-pivotal-moment-for-spartan/Great coverage already! This has to be worth $2bn MC minimum in next 6-12 months

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Let's compare SPR with our closest comp BGL
EV/Resource valuation for BGL is over $700 per resource ounce.
We are sitting at less than half that number however we have no reserve as yet.
A maiden reserve above 1 million should push our valuation closer to BGL.

SPR Price at posting: 99.5¢ Sentiment: Buy Disclosure: Held
17 Upvote

0 Great analysis

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Ann: Dalgaranga Gold Project - Mineral Resource Estimate Update, page-37

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