A great result in such an incredibly short time.
I am 100% sure they are getting this over the line so they can then push the last bit of documentation through to the debt financiers to prove the project is an excellent one that is low risk and deserves very low interest rates etc etc, perhaps even no hedging? I just noted DCN hedged some gold at $1782 per ounce. Would love GCY to do the same to a small extent.
With the discovery open at depth, and still very lightly drilled, hopefully they can at least double the resource size of Sly Fox to give Dalgaranga another year (perhaps even 2 years, although we will know more in 2-3 weeks with the results of the deeper diamond drill results) of mining at grades above the average with very low strip ratios.
The MD clearly states that this is only 270 metres of the strike to date. I think they earlier estimated a possible 700m of strike... we will see of course.
- Forums
- ASX - By Stock
- SPR
- Ann: Maiden Sly Fox Resource and Exploration Aircore Results
Ann: Maiden Sly Fox Resource and Exploration Aircore Results, page-3
-
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SPR (ASX) to my watchlist
|
|||||
Last
$1.35 |
Change
-0.005(0.37%) |
Mkt cap ! $1.494B |
Open | High | Low | Value | Volume |
$1.34 | $1.38 | $1.33 | $6.638M | 4.888M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7403 | $1.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.35 | 5998 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7403 | 1.345 |
7 | 203664 | 1.340 |
4 | 79292 | 1.335 |
3 | 110200 | 1.330 |
1 | 30000 | 1.320 |
Price($) | Vol. | No. |
---|---|---|
1.350 | 5998 | 1 |
1.360 | 16396 | 2 |
1.365 | 22896 | 1 |
1.370 | 44216 | 2 |
1.375 | 57649 | 3 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
SPR (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online