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
and if they had put in a production drive 1 year ago it would...
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Last
$1.30 |
Change
0.020(1.57%) |
Mkt cap ! $1.440B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.33 | $1.27 | $4.278M | 3.305M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 21246 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 14419 | 1 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| SPR (ASX) Chart |