@speculator101
You may be right about the reason BGL has not been taken over. I notice the reserve grade is now only 5gm/t down from 6.1. NN/Pepper looks like having a higher grade than BGL maybe significantly higher, even the wider Dalgaranga looks like being higher now being close to BGL reserve grade. However, we do not yet have a reserve for SPR so maybe we should wait for the reserve grade validation. SPR, unlike BGL, applied top cuts to calculate the indicated resource, so I have more confidence the reserve grade will be closer to the indicated grade than it was for BGL (I expect it to be lower as MoM suggested).
I also believe they are reasons why DEG has not been taken out even though it is a very big deposit. Specifically maybe the financial studies were like BGL's too good to believe! I am sceptical about DEG’s real value - huge capital cost is a big turn off as is the refractory nature of the gold.
- Forums
- ASX - By Stock
- SPR
- Ann: Dalgaranga Gold Project - Mineral Resource Estimate Update
Ann: Dalgaranga Gold Project - Mineral Resource Estimate Update, page-221
-
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SPR (ASX) to my watchlist
|
|||||
Last
$1.46 |
Change
0.160(12.4%) |
Mkt cap ! $1.610B |
Open | High | Low | Value | Volume |
$1.32 | $1.46 | $1.31 | $59.53M | 41.22M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 900 | $1.45 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.46 | 72681 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2750 | 1.440 |
1 | 20000 | 1.430 |
1 | 707 | 1.410 |
1 | 5000 | 1.405 |
2 | 2131 | 1.400 |
Price($) | Vol. | No. |
---|---|---|
1.460 | 28535 | 2 |
1.470 | 2000 | 1 |
1.475 | 15000 | 1 |
1.480 | 28150 | 3 |
1.490 | 28438 | 5 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
SPR (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online