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stop talking sexy talk with off takes and royalties hahahaha

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Angelus

532 Posts.

36

05/04/24

10:09

Post #: 73201525
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Originally posted by Shady Merv: ↑

I do wonder however, should another 3 months go by and no communication re BT, or SE options study, if you'll still have the same sentiment.

All I know is that the strong indication was given that they were going into a 3-month summertime hibernation until early April (ref the Dec Cash Q). I expect that they were wanting to preserve the newly-raised cash as best they could.

They said that the wet season would likely prevent drilling, but I suspect that they were also buying time. Why do that you might ask! That is the BIG question isn't it!

My thinking, since reading the Dec Cash Q comment, has been that they wanted to maximise a financial return on Steam Engine and needed time to do that. I see them doing a deal with Ravenswood Gold.

As it is now April, I reckon that news on Steam Engine is close.

That is my logic on the matter.

I am hoping for a capital return so as to fill the drilling coffers, plus a long-term royalty plus an off-take agreement in respect of gold found by SPQ on its other tenements.

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stop talking sexy talk with off takes and royalties hahahaha

SPQ Price at posting: 1.0¢ Sentiment: Hold Disclosure: Held
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Last 0.8¢		Change 0.000(0.00%)		Mkt cap ! $17.35M

Open	High	Low	Value	Volume
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Buyers (Bids)

No.	Vol.	Price($)
11	3050191	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	8827316	10

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No.	Vol.	Price($)
11	3050191	0.007
17	7071142	0.006
7	3376133	0.005
3	755009	0.004
1	600000	0.003

Price($)	Vol.	No.
0.008	8827316	10
0.009	4196221	9
0.010	1520319	4
0.011	3090000	7
0.012	2905428	2

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