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.
I don’t think there is much mystery.1. Exploration story, still...
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Last
83.0¢ |
Change
-0.015(1.78%) |
Mkt cap ! $916.8M | |||
| Open | High | Low | Value | Volume |
| 82.5¢ | 84.5¢ | 80.5¢ | $6.059M | 7.274M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2988 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 38110 | 3 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
83.0¢ |
Change
-0.015 ( 1.44 %) |
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| Open | High | Low | Volume | ||
| 80.5¢ | 84.3¢ | 80.5¢ | 213618 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| SPR (ASX) Chart |