I feel for BGL shareholders, just been going back over the recent announcements and if the MoM guys are right this is not just the usual dip on the CR - they really have a challenge ahead to mine sufficient ore in coming quarters to fill their mill while they are trying to develop and add infrastructure.
I agree @Peppie - I first thought this might scare people off SPR but the more I look they are chalk and cheese - because of the debt (for a start). With a Market Cap in the mid $1.5bn region I think SPR shareholders would prefer a CR for whatever startup capital is needed (I certainly would) to keep the wolves away and create space and time to be strategic during startup. I also think the market may now actually pay a premium for SPR because it has no debt. This video by MoM is looking spot on right now in terms of funding using debt (starting at 14:55)
https://youtu.be/aUjqYB7Dop8?si=aVtJZKcf-AoPH1um
Ann: Dalgaranga Gold Project - Mineral Resource Estimate Update, page-202
-
- There are more pages in this discussion • 60 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SPR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.29 |
Change
0.000(0.00%) |
Mkt cap ! $1.429B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.31 | $1.27 | $6.108M | 4.747M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17537 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 39997 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| SPR (ASX) Chart |