SPR 10.7% 98.5¢ spartan resources limited

I might have put the 'mocca' on this one the other day...

  1. 4,387 Posts.
    lightbulb Created with Sketch. 475
    I might have put the 'mocca' on this one the other day as I was thinking why don't they just go to care and maintenance and stop the cash burn and give themselves time to plan the NN mine...I mean I'm not happy but what has to be done has to be done...the advantages are...cash burn slows substantially, low grade ore stays in the ground ready for future blending with high grade ore, NN is drilled out so no mining surprises, new mine plan is not rushed and incomplete. They may even land a 6 month processing deal for the idle mill in the meantime....all better then going broke processing low grade ore...gltah...
    Move that dirt...
 
watchlist Created with Sketch. Add SPR (ASX) to my watchlist
(20min delay)
Last
98.5¢
Change
0.095(10.7%)
Mkt cap ! $1.088B
Open High Low Value Volume
90.0¢ $1.00 90.0¢ $6.153M 6.372M

Buyers (Bids)

No. Vol. Price($)
1 200000 97.5¢
 

Sellers (Offers)

Price($) Vol. No.
99.0¢ 16444 2
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
SPR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.