SPR spartan resources limited

I won’t take them off my Christmas cake list just yet pav …. He...

  1. 20,803 Posts.
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    I won’t take them off my Christmas cake list just yet pav ….
    He said it might be 24 months to production of it might not.
    He also said the focus was define and measure the gold to whatever comes close to the nth degree.
    As far as ball mills go, if they’re portable maybe he’s angling to buy the Lakewood one and the vagueness was about what’s best for the ultimate benefit of the company, not the detriment? 18/02/25:
    “Street Talk understands Westgold is running a sale process for the Lakewood Mill gold processing facility near Kalgoorlie, which Karora bought in July 2022 for $80 million. The sale is in advanced stages, with a new owner expected to be announced next month, sources said.”
    https://www.afr. /street-talk/westgold-resources-shops-gold-mill-acquired-in-2-5b-karora-merger-20250218-p5ld2y

    Or who knows ..
    But he said they were on track to coming up with the maiden ore reserve by mid year and I just can’t see them sitting around for another 20 months after that.

    cheers
    Last edited by sabine: 21/02/25
 
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