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74.5¢ spartan resources limited

Ann: $25 million Institutional Placement, page-155

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wassa

3,469 Posts.

1443

22/11/23

07:21

Post #: 71032623
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Originally posted by calmbeforestorm: ↑

this is what was in the Bridge street July 23 analysis with a $1,530 AIS which I assume is a cost higher than AISC. Note the margin of $845 times gold production is $134.5m. So Bridge’s estimates assume an ASIC lower than $1,530. Am I right or have I missed something? I am not suggesting Bridge are right.

Also note their POG assumptions which based on current spot prices are about $500 higher now an additional $80m EBITDA or about 60% higher EBITDA - makes a big difference to the SP target in the table. Based on Bridge’s view of AIS SPR would be generating an EBITDA of at least $200mpa half of it’s current MC.

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It says “AIS costs” which is AISC.

AIC is generally higher than AISC.

SPR Price at posting: 41.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 74.5¢		Change 0.005(0.68%)		Mkt cap ! $822.9M

Open	High	Low	Value	Volume
74.5¢	76.5¢	73.5¢	$3.650M	4.877M

Buyers (Bids)

No.	Vol.	Price($)
4	109250	74.0¢

Sellers (Offers)

Price($)	Vol.	No.
74.5¢	8425	2

View Market Depth

No.	Vol.	Price($)
2	103500	0.740
1	5000	0.735
4	103851	0.730
2	9000	0.725
7	57239	0.720

Price($)	Vol.	No.
0.750	11950	1
0.760	50000	1
0.770	30000	1
0.775	20000	2
0.780	229088	9

Last trade - 16.10pm 07/06/2024 (20 minute delay)


Last 74.3¢			Change 0.005 ( 0.30 %)
Open	High		Low	Volume
75.0¢	76.5¢		73.5¢	1053119
Last updated 15.59pm 07/06/2024 ?

SPR (ASX) Chart