Unfortunately for me I have only recently become familiar with Spartan's story. I'm very surprised at the muted reaction to yesterday's very impressive MRE update. After some quick initial research, a question that I still needed an answer to was in relation to the existing plant and infrastructure. I watched a recent interview with Simon Lawson in which he described the condition of the plant, and it's preparedness to restart quickly. He estimated that it would take two and a half years to build it's equivalent, and cost roughly $360,000,000 to "put it together." Not mentioned was all of the research, meetings, permits and other redtape and delays involved in building a plant of this scale. That is a fantastic asset to have in place, and with the high grade resource expanding as rapidly as it is, and with the gold price in record high territory, and in my opinion a high probability of further gains, this company is an obvious buy. So I'm in today!
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Last
98.5¢ |
Change
0.095(10.7%) |
Mkt cap ! $1.088B |
Open | High | Low | Value | Volume |
90.0¢ | $1.00 | 90.0¢ | $6.153M | 6.372M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 97.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
99.0¢ | 16444 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2 | 0.970 |
2 | 6500 | 0.965 |
2 | 5000 | 0.960 |
1 | 1500 | 0.950 |
3 | 32124 | 0.940 |
Price($) | Vol. | No. |
---|---|---|
1.000 | 37977 | 7 |
1.015 | 60000 | 1 |
1.020 | 10000 | 1 |
1.030 | 12212 | 4 |
1.040 | 15500 | 2 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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