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58.5¢ spartan resources limited

Really good question if someone can ask them at the upcoming...

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bcjk3

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21/07/23

17:08

Post #: 68915480
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Originally posted by plough: ↑

"Nice to see drilling will occur at Glenburgh and Egerton, though... I do wonder if it's worth pursuing in the short term? Or could this be being undertaken partly because drilling will stop at Never Never in the short term, until the decline and U/G drill platforms are finished? They may likely keep drilling Ink, though again, not very deep drilling..? I guess drilling at the other NN lookalikes will continue too (along trend, under Gilbey's)"

Does seem weird drilling Glenburgh and Egarton deposits so far from the mill , rather than concentrating drilling around Dalgaranga , unless it is to make them marketable ? have thought though Egerton would be the one to drill of the two .
Drilling looks to be costing $260 a meter on average , agree with you Spec would be nice to put a few more holes in Ink, that would also help with working out where to put the decline .
Note the exploration costs for last quarter were on the second page of the 4c which I found weird , so I doubt when you add that and replicate for the current quarter , there is any funds being allocated for the decline this quarter .

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Really good question if someone can ask them at the upcoming conferences.

GCY Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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Last 58.5¢		Change 0.010(1.74%)		Mkt cap ! $634.8M

Open	High	Low	Value	Volume
58.0¢	59.0¢	57.8¢	$768.8K	1.321M

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No.	Vol.	Price($)
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Price($)	Vol.	No.
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