SPQ 16.7% 0.7¢ superior resources limited

FAIR VALUE FOR SPQ SHARE PRICE ?, page-10

  1. 13,945 Posts.
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    I hear that the potential at SE for mega ounces is high. There is a lot more to explore.

    However, I cannot see SPQ itself being able to both find and then exploit the gold. It needs an experienced co-party to do that, imo.

    Look, the big prize is copper and the gold at SE is the means to both finding and then exploiting it. I don't think that anyone here would disagree with that statement.

    I also hear that the Board wants to do the copper/moly/gold/silver at Bottletree, Cockie Creek and Wyandotte itself. Sandfire did it from scratch, as Pilbara Minerals and Liontown are now also doing. Now, the only way to do that is to have enough capital available to both start and then keep the drills turning and the assayists jumping.

    Imo, the Board has been looking at achieving that aim for quite some time. The first question is of course: how might it happen? the second is: how close in time are we to learning about it? Close?

    Nugget should sleep on his decision I reckon.
 
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