SPR 5.36% $1.18 spartan resources limited

Ann: Quarterly Activities Report, page-11

  1. 11,852 Posts.
    lightbulb Created with Sketch. 6485
    Whilst this comparrison is very light on... in the sense that GOR (announced today for their production update) and GCY are worlds appart in terms of mines.... the numbers don't lie.

    https://hotcopper.com.au/data/attachments/4243/4243534-cc8265fda9468949810a4531f3e45aad.jpg

    This is a company with a $1.3b market cap (E/V around $1.2b, or... 13x larger E/V than GCY).

    Yet GCY beat it easily with free cashflow generation.
    Good luck to all patient holders.
 
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