SPR spartan resources limited

Ann: Exploration Update - Dalgaranga Gold Project, page-79

  1. 5,333 Posts.
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    Strange to criticise someone who is having great success using their current strategies.
    Digging up ramp up comps from a decade ago is another real head scratcher.
    Operating environments are dynamic. Commodity prices, labour availability, interest rates, availability of capital, input costs all fluctuate over different market cycles.

    In all due respect Simon doesn't give two shits what we want him to do.
    The main group he should care about are the financiers.
    The more successful the drilling, the better the project metrics.
    The better the project metrics, the less dilutive the financing arrangements will be.

    Less dilution = happier shareholders.
 
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