I get that but good business sense would bring a company into cash flow first.
Is that high grade going to fly away? Delaying 24 months to production on record high gold prices for the sake of chasing deep high grade gold. I am very positive but at the same time realistic and to me his reasoning is faulty.
If the gold price cant be sustained more than 24 months, this is a very short lived boom and even RMS will have issues.
A bird in the hand is better than two in the bush.
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SPR
spartan resources limited
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$2.07

RMS take over, page-439
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Last
$2.07 |
Change
0.050(2.48%) |
Mkt cap ! $2.652B |
Open | High | Low | Value | Volume |
$2.02 | $2.10 | $2.01 | $34.89M | 16.89M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 278638 | $2.07 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.09 | 40971 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | 2.040 |
1 | 10000 | 2.020 |
1 | 3000 | 2.010 |
8 | 21125 | 2.000 |
1 | 10000 | 1.980 |
Price($) | Vol. | No. |
---|---|---|
2.090 | 6000 | 1 |
2.100 | 25000 | 1 |
2.150 | 465 | 1 |
2.170 | 250 | 1 |
2.200 | 2353 | 2 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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SPR (ASX) Chart |