SPR 2.80% $1.29 spartan resources limited

Ann: Ore Commissioning Underway Ahead of Schedule & Under Budget, page-4

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  1. 214 Posts.
    lightbulb Created with Sketch. 41
    very happy with this at every level , management have been excellent start to finish which is very close.
    the market may not fully realise the value here yet but the free cash flow this will throw of per annum is exceptional in the region $60-70m USD PA
    the share price will grow upon revenues alone, let alone any drilling they are doing.... i call it simple maths
    coupled with glenburgh which i think will be a company maker bodes well for the years to come.
    sit on these for a few years and you shall reap the rewards.

    an excellent buy short , medium and long term but its not really a traders share , price action really doesn't suggest it . i wonder if we may now see the herd arrive.
    i've put one or two on to this since i first invested here with my buy and hold for 4 to 5 years strategy.....

    quality stock with quality management with huge free cash flows ....make your own mind up!
 
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