SPR 8.17% $1.18 spartan resources limited

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  1. 34,391 Posts.
    lightbulb Created with Sketch. 1945
    and if they had put in a production drive 1 year ago it would have been in the wrong place.
    Maybe the board as much as you and I despised them at the time ( the friggin royalty drama ) know a bit more about scheduling a MRE and time lines and geological modeling than me or you ?
    Now with the new drive going past 4P , WW , and Pepper we can probably fill a mill from 6 headings with high grade ore rather than a mix of NN ore and mouth wash from the open pit and possibly the NN OC .

    So now the NPV is derisked , probably running lower quartile , and probably worth another $1.5 Billion (guessing) .

    Lets bitch about it though as fills up the HC thread with drama
    Last edited by plough: 02/07/24
 
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