SPR 3.74% 97.0¢ spartan resources limited

Ann: Exploration update - strong start to 2024, page-29

  1. 765 Posts.
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    Previous announcements (promises promises)

    16/5/2023 "Delivering regular newsflow, high-grade resource updates and a high-grade ore reserve in support
    of a restart decision mid-2024" (Not Happening)

    27/4/2023 "Gascoyne also plans to undertake the development of an underground exploration drill drive, with
    underground drill platforms to be utilised for Never Never underground Reserve drilling, in addition to
    testing depth extensions of the deposit below the current MRE.
    The drill drive will also provide eventual underground mine access and ventilation infrastructure as the
    Company moves back into production
    " (drill drive didn't happen).

    Moving Feast on the next steps (and timing) to get back into production.

    Current SP may elicit the Takeover the company appears to having been waiting for.
 
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