A good read, albeit, it obviously only crystalises what most...

A good read, albeit, it obviously only crystalises what most should already know.
SL comments hopefully remind some of where SPR was just over 2 years ago....



Pepper is a nice little free kick for all shareholders, as the grade is clearly going to end up being over 10g/t.....
Not many discoveries globally can match that.

Finally... unlike many M/A deals from the last cycle, this deal is about real synergies...


I am slightly disappointed that the amount of drill rigs at Dalgaranga is down from the highs, but.. hopefully that will change, though I suppose, with the decline, less rigs are needed as they can achieve more metres at less cost.

Interesting to see that Yalgoo is indeed going to have it's ore sent to Mt Magnet.... nice soft ore to blend with Mt Magnets hard stuff.
All speculation of course...but...




Have to wait a bit longer to know if Freak does end up being another discovery of note.


Not a lot of info regarding the rest of the surface drilling, but... I guess they will only provide something of note if... it's noteworthy

Underground mining contract out for tender... should be a fairly fierce competition, for what I assume is going to be a 15+ year mine life (minimum).


As for the Feasibility study... whilst I wish it could be different, I am guessing we may not see it released.
I am sure the combined entity will finish the study, albeit, incorporating all the assets, versus just NN/Pepper etc.



Gold hopefully will be produced from Never Never in CY2025... why else would they be hiring.

Seems like some short term weakness has entered the sector... a lot going on in the world is perhaps an understatement...
As I mentioned before, as we joined at the hip with RMS, I am looking forward to their quarterly...