SPR 7.78% $1.19 spartan resources limited

Why the drama ? You are not comparing apples and apples...spot...

  1. 46 Posts.
    lightbulb Created with Sketch. 22
    Why the drama ?
    You are not comparing apples and apples...spot gold vs explorer that :
    - yet to restart mining, finalise mineral resource
    - won't see it's next gold bar in earliest say 18 months +
    - currently valued at best with lots of wiggle room using NPV with cashflows going out 10 - 15 yrs or estimated free cash flows with built in lots of uncertainty of gold prices over that time
    - likely has some takeover speculation built into price

    Yes SPR has exciting momentum and hopefully lots of upside possible (not guaranteed) - but should you be expecting it to track the current spot price over a 4 day period?


    Last edited by substanceonly: 06/09/24
 
watchlist Created with Sketch. Add SPR (ASX) to my watchlist
(20min delay)
Last
$1.19
Change
-0.100(7.78%)
Mkt cap ! $1.318B
Open High Low Value Volume
$1.25 $1.25 $1.16 $3.065M 2.569M

Buyers (Bids)

No. Vol. Price($)
8 17468 $1.18
 

Sellers (Offers)

Price($) Vol. No.
$1.19 17595 8
View Market Depth
Last trade - 11.00am 12/11/2024 (20 minute delay) ?
SPR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.