Apart from a handful of hits into the gap at Pepper, which should have been tested much earlier, SPR has spent the best part of the past 12 months drilling for ore that won't be mined for at least 10 years. That's why we have ended up with status quo statements as per below from the recent capital raising 2 years after the "game changer" announcement. How much more time do they need to pontificate on a resumption of production. I would love to be a fly on the wall at board meetings to hear what they discuss.
PS: I know a lot about mining and NN has to be the simplest, most user friendly discovery I have seen in a long time and is a totally different beast to Gilbey's.
SPR Price at posting:
92.3¢ Sentiment: Buy Disclosure: Held
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