I don’t think there is much mystery.
1. Exploration story, still a lot more to find.
2. Transition to production story - just look at what Euroz Hartley says on reserve ounce valuations flor producers.
3. M&A story - cheaper for others to buy than to find and build.
4. Gold price story - if interest rates don’t come down in next 9 months we have global recession’. What are governments going to choose?
Spartan has 1 and 2 within its control and 3 and 4 heavily in its favour. Patience is profit.
Ann: Surface drilling continues to unlock high grade potential, page-57
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Last
$1.40 |
Change
0.110(8.53%) |
Mkt cap ! $1.549B | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.40 | $1.30 | $9.334M | 6.813M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 724 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 255089 | 4 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| SPR (ASX) Chart |