SPR spartan resources limited

Objectively , is it frees up some more cash for drilling at...

  1. 35,473 Posts.
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    Objectively , is it frees up some more cash for drilling at targets within a reasonable transport distance from their current mill , rather than drilling targets that are 100s of kms away at Glenburgh ie not within truckable distance from the mill
    just like in farming , The farm next door is always worth more to the farmer than the farm far away .

    Quantifiably we are trading now far below NPV 8 which just potentially increased again because of this but would not have if we had retained Glenburgh outright
 
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(20min delay)
Last
$2.12
Change
-0.150(6.61%)
Mkt cap ! $2.716B
Open High Low Value Volume
$2.28 $2.29 $2.11 $13.79M 6.330M

Buyers (Bids)

No. Vol. Price($)
2 20668 $2.12
 

Sellers (Offers)

Price($) Vol. No.
$2.14 99375 5
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Last trade - 16.10pm 16/06/2025 (20 minute delay) ?
SPR (ASX) Chart
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