Start the NN pit, start the mill, stop wasting money on deep holes that won't change the SP, change to grade control drilling NN and Gilbies North and exploration drilling between NN and Goldwings only. Minimise future capital raises and get some cash coming in.
No mining and trying to hit deep narrowing targets will burn through the money and keep the SP plummeting.
NN pit will mill well with the mill as is, as long as they don't smash high volume tonnes through. Mine and mill for grade not tonnes. Grade is King.
Or is there something they not telling us??
Is the Tailings dam usable, or does it need to be fixed, upgraded, or even a new one built??
All in my opinion only.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-36
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SPR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.30 |
Change
0.015(1.17%) |
Mkt cap ! $1.446B | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.33 | $1.25 | $4.534M | 3.531M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 48865 | $1.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 20584 | 1 |
View Market Depth
| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| SPR (ASX) Chart |