Esra, a prob in a good way. If Spq gets resources up. Production up as a result. They could build a plant, feed ore from so many close deposits.
I was thinking logistically. Bottletree does have gold so it fits into there pure gold resources.
If you allow a big miner in, say bigger than Spq, may TO Spq cheap. I would.
Also Dido is close also and another 2 very good projects.
Spq gave not really explored much really, maybe 5%.
Sometimes you do not want big brother with way bigger pockets living next door to you.
Persides, if bottletree is good, alot more money owning and producing than a quick cash payment upfront.
If they get say 300m x 200m x 200m. And sell it and the new owner, extends to 500m, by 1km. They loose big time.
There gold operation will generate 1m a month, maybe 2m a month if they can double resources which I believe will occur.
If 2m a month, that's, 24m a year, easily could cover 100m capex with some debt funding and a modest cr.
If success, I doubt soq will be 1.4c.
Just look at cxo. 6c to 60c on moving to producer.
They can fund production of bottletree I feel.
I am astounded by how many close prospects they have.
- Forums
- ASX - By Stock
- SPQ
- Copper & Nickel
Copper & Nickel, page-33
-
- There are more pages in this discussion • 258 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SPQ (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.01M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $14.56K | 1.618M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 1934713 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 1395000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1747213 | 0.008 |
10 | 4367572 | 0.007 |
11 | 5058713 | 0.006 |
2 | 506009 | 0.005 |
2 | 650000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 1395000 | 3 |
0.012 | 1750319 | 4 |
0.013 | 600000 | 3 |
0.014 | 200000 | 1 |
0.015 | 375000 | 1 |
Last trade - 13.21pm 02/08/2024 (20 minute delay) ? |
Featured News
SPQ (ASX) Chart |