After a quick read, I cannot really find anything left of field. Pleased to see they are still slowly.... getting approval for Yalgoo, as it's likely a good asset for either filling the tail end of any mine plan, or....selling it off all together. Cash burn looks fine, though the Dec quarter will be heavier with the decline development kicking into gear.
Perhaps part of the sell off today is some holding reducing their positions in case the MRE disappoints or... that no matter what the figures are, the expectations are just too high. We will see of course.
I wonder if SL will release an updated exploration target after the MRE, plus the overall plan for drilling in the next 6 months, or... save a few things for Diggers...
SPR Price at posting:
99.5¢ Sentiment: Hold Disclosure: Held
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