SPR 0.69% 71.5¢ spartan resources limited

Ann: Exploration update - Visible gold intercept logged, page-139

  1. 3,582 Posts.
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    Not many juniors have the Gascoyne skeleton lying in the closet.
    SL needs to drill out a HG deposit that banks will want to co-fund.
    No rush to turn the plant back on.
    Ramp up risk and inflation are still real issues.
    The brokers will be pushing SL to start the plant early so they can get their tickets clipped.
    The better the plan, the less dilutionary the debt becomes.
    Screw the vulture brokers!
 
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