"Mark Zeptner is the reason I've marked down RMS. I gather Mark will see GCY as a risky proposition in this economic environment, and MZ comes across as a pretty risk averse type of character."
He was at the helm when RMS got the Edna May mine from Evolution who deemed it surplus to what they need . There look to be some similarities between Edna May and Never Never ie plunging ore body but then WAF has a similar ore body from my non qualified perspective .
The greatest risk with goldies in Oz currently is running a mine with high OPEX , if Mark or whoever have good confidence that Never Never is low cost I would say they would be bidders .
the rule of thumb 1000 oz per vertical meter needed , needs to have an addendum of high margin ozs - this could have that .
Ann: Dalgaranga Update and Continuation of Voluntary Suspension, page-49
-
- There are more pages in this discussion • 12 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
$1.53 |
Change
0.035(2.35%) |
Mkt cap ! $1.696B | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.55 | $1.49 | $10.97M | 7.211M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 37806 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 116467 | 6 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| SPR (ASX) Chart |