@Prisoner24601 - why turn a fantasy into a production reality. SPR's management aren't really incentivised to execute a return to production, just turning up to work each day will be sufficient to meet the vesting conditions for most performance right classes. At the current rate, the pre-2024 AGM Class L performance rights will lapse unless there is a takeover.
The new Class R performance rights approved (only just) at the 2024 AGM are to pump the share price.
Another corporate governance blemish to add to the already long list. At least the royalty owners don't have to worry about even more dilution while patiently waiting for production to resume (if ever).
SPR Price at posting:
$1.47 Sentiment: Buy Disclosure: Held
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