SPR 0.00% 78.0¢ spartan resources limited

Current valuation multiples for BGL, CMM and GOR (I consider...

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    Current valuation multiples for BGL, CMM and GOR (I consider them most comparable if SPR ASIC ends up being comparable to them.

    BGL - $1,448 of reserves and $626 for resources
    CMM - $661 for reserves and $326 for resources. Note the figures for the current operation mine are $800 and $1,430 ie excluding the other non producing mine
    GOR -(adjusted for $500m or so of cash and investments) - $983 reserve and $498 for resources

    These figures don’t really help in valuing SPR.
 
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