SPR 2.41% $1.28 spartan resources limited

Ann: Diggers and Dealers - Corporate Presentation, page-92

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    Paragon Funds Management hold around 5 million shares. This is what they wrote about their biggest stock a week and a half ago.

    https://hotcopper.com.au/data/attachments/6378/6378548-942f66fe84cb25d1570b0cfaf993c5f7.jpg


    Paragon think management have done an excellent job by focussing efforts via the drill bit and they think a multiple of 6 x free cashflow is where the share price should be at.


    That's about Bellevue's mark before their meltdown.
 
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