so what exactly are they going to spend $300m on to restart production. They will already have:
- a very well maintained $300m mill/plant
- the decline will be finished
Sure they will have to buy some mining equipment like jumbos, Etc but that won’t make much of a dent in $250m. They will need some working capital and cash for drilling but unlikely to go over $50m.
No idea why you think it’s going to cost $250m to restart production.
Ann: High-Grade Pepper discovery extended, page-84
Add SPR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
93.5¢ |
Change
0.010(1.08%) |
Mkt cap ! $1.034B | |||
| Open | High | Low | Value | Volume |
| 93.0¢ | 94.0¢ | 92.0¢ | $3.092M | 3.322M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 71536 | 92.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 93.5¢ | 8514 | 2 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| SPR (ASX) Chart |