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
98.0¢ |
Change
0.010(1.03%) |
Mkt cap ! $1.084B | |||
| Open | High | Low | Value | Volume |
| 98.0¢ | $1.01 | 97.0¢ | $6.088M | 6.151M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25988 | 98.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 98.5¢ | 50516 | 2 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| SPR (ASX) Chart |