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58.5¢ spartan resources limited

This is way better than BGL. All in one deposit, wider, less...

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CravenSpecialMild

1,103 Posts.

120

19/04/24

11:27

Post #: 73422799
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Originally posted by speculator101: ↑

Hey Bull, whilst all the headlines show NN as being sub 6g/t, once you strip out the open pit resources, it bumps up close to 7g/t.
If SL is right and they are able to mind 30m stopes.... the dilution will be minimal and they can further high grade the ore that finally goes into the plant, just talking about Never Never here, as I think the other U/Gs like West Winds and Sly will be lower grades (2-3g/t).

Suffice to say, I am hopeful that like BGL, the eventual head grade will outperform the reserve grade.

It's a great question and being honest, I would like it to be close to indicated category (but... that is perhaps too optimistic at this stage).

From BGL yesterday - though of course, they have a very different orebody.

All of the above is for discussion purposes only!

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This is way better than BGL. All in one deposit, wider, less dilution, less development per oz.

SPR Price at posting: 65.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 58.5¢		Change 0.010(1.74%)		Mkt cap ! $634.8M

Open	High	Low	Value	Volume
58.0¢	59.0¢	57.8¢	$778.9K	1.338M

Buyers (Bids)

No.	Vol.	Price($)
10	165937	58.5¢

Sellers (Offers)

Price($)	Vol.	No.
59.0¢	127134	7

View Market Depth

No.	Vol.	Price($)
10	170884	0.585
13	234006	0.580
11	259692	0.575
24	504624	0.570
6	282710	0.565

Price($)	Vol.	No.
0.590	112792	5
0.595	175087	6
0.600	131957	4
0.605	126840	8
0.610	151947	7

Last trade - 11.15am 02/05/2024 (20 minute delay)


Last 59.0¢			Change 0.010 ( 1.92 %)
Open	High		Low	Volume
58.5¢	59.0¢		57.8¢	103877
Last updated 11.29am 02/05/2024 ?

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