SPR spartan resources limited

Ann: Surface drilling continues to unlock high grade potential, page-57

  1. 912 Posts.
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    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.
    Last edited by hongkie: 11/05/24
 
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