SPR 2.50% 82.0¢ spartan resources limited

I'll leave that question which is way over my head for the...

  1. 970 Posts.
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    I'll leave that question which is way over my head for the mining engineers to answer! But I look at what EMR did with Okvau, they didn't bother drilling deep initially, they drilled enough to get a reserve and got the mine up and running to generate cash flow before they started drilling below the known resource. But I can also see the advantage in drilling deeper, maybe NST wouldn't have picked up Paulsen's so cheaply if the previous owner had drilled a bit deeper to see what's there.
 
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Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
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