It would be normal to think that SPR would go down into a Lassonde dip between exploration and developer. I think they are actively working to talk up, and be, an explorer while quietly getting development ready. If that is true then it is a great strategy for shareholders - I think we will avoid the dip which PAC presumably expects. I think SPR will be able to turn on a dime from explorer to very near term developer.. I probably would have just ridden out the dip and waited for production anyway, but paper gains are still nicer to see than paper losses and it makes finance for re-starting easier and less painful.
They have very little to say about metallurgy, mine plans, getting the mill ready but I think they are doing all that ... it is just better not to tease the market with development talk and to keep the focus on production. So I think the PAC position is understandable but mistaken.
- Forums
- ASX - By Stock
- Ann: Diggers and Dealers - Corporate Presentation
It would be normal to think that SPR would go down into a...
-
-
- There are more pages in this discussion • 6 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
(20min delay)
|
|||||
Last
$1.25 |
Change
0.065(5.51%) |
Mkt cap ! $1.378B |
Open | High | Low | Value | Volume |
$1.20 | $1.25 | $1.20 | $4.382M | 3.574M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 40080 | $1.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.25 | 12537 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 40080 | 1.235 |
1 | 17553 | 1.230 |
2 | 23678 | 1.225 |
2 | 20053 | 1.220 |
3 | 15062 | 1.200 |
Price($) | Vol. | No. |
---|---|---|
1.245 | 12537 | 3 |
1.250 | 75149 | 6 |
1.255 | 10000 | 1 |
1.265 | 14547 | 2 |
1.270 | 8000 | 1 |
Last trade - 16.10pm 12/08/2024 (20 minute delay) ? |
Featured News
SPR (ASX) Chart |