SPR spartan resources limited

So an advantage of being low a margin producer is it is more...

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    So an advantage of being low a margin producer is it is more leveraged to the POG for profits ,?
    think I prefer being in the bottom of the cost curve , bit less worry and likely not such a big need to hedge.
    $60M pa free cashflow seems pretty stink for such a big producer from RED got to take other costs out of that to ., no wonder SLR shareholders are up in arms about merging , mind you SLR has never paid a divy either , just pay their execs and board plenty for the pig trough .
    Last edited by plough: 30/05/24
 
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