Thank you for that jbad94. There’s another benefit to drilling, where the results are mirrored in a rising share price:
The time will come when we will have to raise the necessary funds to get mining started. It has been suggested we will need around $100m. Some part of that amount will be via a share placement. I prefer that’s done at the highest price possible. We could be raising that money at 80c a share or much higher, versus 30 to 40c if we went early. We could potentially save ourselves 100million+ in issues shares. Why wouldn’t you???
SPR Price at posting:
63.5¢ Sentiment: Buy Disclosure: Held
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