SPR spartan resources limited

Here's an interesting snippet into how RMS operates:5 weeks...

  1. 4,727 Posts.
    lightbulb Created with Sketch. 931
    Here's an interesting snippet into how RMS operates:

    5 weeks after closing the Spectrum takeover, RMS released a PFS on 30 June 20 for a 3.8 year operation at Penny which included a timeline......

    https://hotcopper.com.au/data/attachments/6287/6287453-582bda0be12387badb02884d05df7286.jpg

    https://hotcopper.com.au/data/attachments/6287/6287460-da2ff6cad8d1aa9fa7e72bf32caf1b42.jpg
    RMS's September 21 quarterly report confirmed the start of the Magenta pit in accordance with the indicative timeline..........
    https://hotcopper.com.au/data/attachments/6287/6287470-fbf03d150a1f295f50bfc2f486857b94.jpg

    The June 22 quarterly report announced the start of the decline, again in line with the timeline .....

    https://hotcopper.com.au/data/attachments/6287/6287483-959569c82e8389fa2cefa2d1d336708c.jpg

    None of RMS's announcement talked about drilling holes to the centre of the earth to grow the resource for the next update and de-risking.

    Meanwhile back at the SPR ranch and 2 years after its "game changer proclamation"......

    https://hotcopper.com.au/data/attachments/6287/6287490-b751b53863f5c5c31870d343e48e6c6c.jpg

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$2.00
Change
-0.025(1.24%)
Mkt cap ! $2.556B
Open High Low Value Volume
$2.01 $2.02 $1.97 $9.843M 4.941M

Buyers (Bids)

No. Vol. Price($)
1 34923 $2.00
 

Sellers (Offers)

Price($) Vol. No.
$2.02 81909 5
View Market Depth
Last trade - 16.10pm 25/06/2025 (20 minute delay) ?
SPR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.