SPR 10.7% 98.5¢ spartan resources limited

Ann: Drilling hits visible gold over 1km deep below Never Never, page-28

  1. 677 Posts.
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    I sold down a sizeable stake last week because the wait for sly fox assays made me a bit sceptical. All round a pretty meh announcement but the inherent value of the soon to be announced reserve should hold up the share price. Dont see this drifting well below 60c unless there is a substantial drop in the gold price, or a very sizeable cap raise on poor terms

    https://hotcopper.com.au/data/attachments/6089/6089040-e7d12857da696f460d52ffc68ea1643a.jpg
 
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