Agree it is a solid announcement with a number of positives which should sent the SP higher but probably not too much higher given the share issue which will dampen the SP in the short term.
I noted they stated Pepper is a blind deposit ie no gold close to surface - begs the question how many other blind high grade deposits they may discover! The discovery of Pepper may be an important discovery and a real positive catalyst. I suggest you are speculating Pepper may not be that big - I have no view how big it may be as there are just not enough results - let the future drill results speak as to how big it may be.
They also note WW seems to have higher grades at depth which is very encouraging given the apparent width of WW. NN results continue the high grade results.
They also have tenders out for the decline with strong interest. I also noted the 60,000m drill program - that is about double previous programs and great to see that drill size program.
SPR Price at posting:
58.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)