SPR spartan resources limited

Cheers Peppie.If there was some sort of voting system for broker...

  1. 12,542 Posts.
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    Cheers Peppie.
    If there was some sort of voting system for broker quotes/statements of the year..... then I would have to push hard for this -

    https://hotcopper.com.au/data/attachments/6593/6593098-e4dfcf564b31f13b9bbf3a196fc435f8.jpg
    It's the same question I have asked myself over the past few months once the company valuation started to rise to a point where in the past I would have taken profits (or sold out completely). I am not here for trading profits... I am not here for dividends... I am here to support my children in the decades ahead (and hold the best assets).

    Interesting to note that clearly some in the market saw the holes I have red arrowed and assumed Pepper does not extend... whilst the thought crossed my mind, I pushed it aside because... each of these 'shoots' PP, NN, etc... could differ in ways that are not yet understood. I mean... SPR is trying to explain about the separate 'planes' that host what now is clearly two separate trends (though hopefully SL and the team can articulate this a lot better than me!).

    https://hotcopper.com.au/data/attachments/6593/6593110-217481ac8721f22908a35869fc714b52.jpg

    What I see is just a similar outcome to Never Never.... widest widths between the flexure zone, then... narrowing....
    Also, any hits at depth for Pepper would not have made the MRE update (IMHO), but of course the market would have loved to have seen that Pepper definitively extends.

    Perhaps the market is looking for reasons to sell, but for me.... now that I can wrap my head around the different planes... to me that basically just doubled the potential for NN look-a-likes under the main pit! (let alone the rest of the trend and across the whole belt).

    Funny how no one even commented on the extra DD rig being brought in to further test the 'new prospect'.

    https://hotcopper.com.au/data/attachments/6593/6593125-06c7a593224b4e059422586e58e1797a.jpg
    Looking forward to seeing who they lock in for the U/G drilling program and... getting much more detail on their exact plans, but perhaps in the nearer term... can 'new prospect' replicate Pepper/NN?? Perhaps not that long to find out.

    Good luck to all holders, as I imagine some might be feeling a little burned by the price moves.
 
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Last
$1.99
Change
0.015(0.76%)
Mkt cap ! $2.543B
Open High Low Value Volume
$1.97 $2.00 $1.96 $10.00M 5.074M

Buyers (Bids)

No. Vol. Price($)
4 109210 $1.98
 

Sellers (Offers)

Price($) Vol. No.
$1.99 1603 1
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Last trade - 16.10pm 30/06/2025 (20 minute delay) ?
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