My comment is just that - a general observation .
There are regular posters here with a wealth of knowledge about mineral exploration and mining, gold and more specifically SPR.
I defer to them and am grateful for their input which assisted my decision to increase my SPR holding .
There are so many variables but for SPR there are more positives than their peers.
As regards dividends.
Upon repaying any debt incurred to recommence mill production one would expect a portion of profit to be distributed to shareholders.
Given the current profitability projections debt repayment would be quick.
From what I have read the existing tenements are under explored and highly prospective.
Should the previous drilling success continue there wouldn't be any pressure to buy up other gold mines to continue operating.
Given the high grades and projections of costs even should the price of gold fall and costs go up SPR should be profitable long after many other Goldies have folded.
Nothing is certain in this life however SPR management and assets make me comfortable in my investment.
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My comment is just that - a general observation .There are...
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Last
$1.30 |
Change
0.068(5.49%) |
Mkt cap ! $1.427B |
Open | High | Low | Value | Volume |
$1.22 | $1.31 | $1.21 | $6.320M | 4.988M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 12389 | $1.30 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.30 | 49935 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 28022 | 1.295 |
10 | 51107 | 1.290 |
10 | 41501 | 1.285 |
7 | 57682 | 1.280 |
7 | 80232 | 1.275 |
Price($) | Vol. | No. |
---|---|---|
1.300 | 39997 | 13 |
1.305 | 118247 | 9 |
1.310 | 33282 | 6 |
1.315 | 96021 | 6 |
1.320 | 41702 | 7 |
Last trade - 11.10am 24/07/2024 (20 minute delay) ? |
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INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
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