SPR 3.23% $1.12 spartan resources limited

Ann: Investor Webinar Presentation, page-2

  1. 4,069 Posts.
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    Good preso, lots of great questions (GCY shareholders are a clever bunch).
    SL spoke fluently, never appeared flustered by the questioning and genuinely appeared strong in his convictions.

    Some things I found interesting:
    * Mining permits for GN will be here within the month.
    * LOM head grade estimates for next 2 years 1.2 to 1.5gt.
    * Already numerous high-grade targets defined to follow up drill to test E/W orientated shoots inside the GMZ pit.
    * All costs are stabilising.
    * LOM due this month but I'm imagining it will be subject to change as more HG ore enters MRE in Dec Q.
    * Preliminary M&A discussions have been had with several surrounding operations up to a radius of 250km.
    * New ore feed harder but will potentially offer better recoveries than the shale hosted stratigraphy deposits.
    * SL expects NN to have great depth potential.
    * Plan for the future will be dynamic depending on drilling outcomes.

    Was a bit distracted today so will look forward to hearing what others picked up on?

    GL



    Last edited by Joelstar: 08/09/22
 
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