SPR 3.02% $1.29 spartan resources limited

Ann: Dalgaranga Gold Project - Mineral Resource Estimate Update, page-129

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  1. 1,325 Posts.
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    Maybe but I suspect the penny has dropped after the upgrade yesterday. Brokers would be upgrading forecasts to clients. If it is analogous to Bellevue (and I think it is) then you still have 50% upside to time of production in a years time for market cap parity. That's a very compelling potential return that has already largely been de-risked following yesterdays release. If i didn't have a very heavy exposure to it I would have FOMO. Still see it as a conviction 'Buy'.
 
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