SPR 23.6% $1.23 spartan resources limited

Hi Joelstar I noticed OBM had quite a poor quarterly - bad miss...

  1. 5,265 Posts.
    lightbulb Created with Sketch. 2145
    Hi Joelstar I noticed OBM had quite a poor quarterly - bad miss on AISC, just met bottom of production guidance, still losing money even after receiving $16m in funding, yet MC is circa $750m - IMO it looks expensive and now doubt about guidance on production and costs.

    Your thoughts?

    MoM did not give a positive view and have doubts. $100m to be spent in next year and need everything to go right to be able to fund this amount with a hefty valuation. They clearly believe it looks over valued.
 
watchlist Created with Sketch. Add SPR (ASX) to my watchlist
(20min delay)
Last
$1.23
Change
0.235(23.6%)
Mkt cap ! $1.361B
Open High Low Value Volume
$1.11 $1.24 $1.10 $26.99M 22.57M

Buyers (Bids)

No. Vol. Price($)
2 52000 $1.23
 

Sellers (Offers)

Price($) Vol. No.
$1.23 69461 3
View Market Depth
Last trade - 16.10pm 23/07/2024 (20 minute delay) ?
SPR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.