SPR 3.02% $1.29 spartan resources limited

No one knows , nothing goes up for ever , I am sure at 12 cents...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 34,155 Posts.
    lightbulb Created with Sketch. 1884
    No one knows , nothing goes up for ever , I am sure at 12 cents none of us imagined it would go to 80 cents in 15 months but NN kept getting deeper with over 1200 OVM .
    My guess is we have gone from being valued on blue sky value of NN by speculators , to being valued by mid cap goldies on some blue sky and reasonably sound metrics on how much cash the project can throw out over the next 10 years ( quasi NPV) .

    For value, Keep hitting more Peppers and it will keep going up as the mill has the capacity , do not hit more Peppers the blue sky value falls off and so does the share price and endogenously its solely valued on the next 10 years cashflow (probably not discounted) .
 
watchlist Created with Sketch. Add SPR (ASX) to my watchlist
(20min delay)
Last
$1.29
Change
-0.040(3.02%)
Mkt cap ! $1.429B
Open High Low Value Volume
$1.34 $1.36 $1.28 $6.872M 5.293M

Buyers (Bids)

No. Vol. Price($)
3 54579 $1.29
 

Sellers (Offers)

Price($) Vol. No.
$1.29 50000 1
View Market Depth
Last trade - 16.10pm 03/10/2024 (20 minute delay) ?
SPR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.