i dont post often but i know the murky world of resources gold and equities well. There are two standout gold development plays in Australia right now. one is Degrey because its a monster presently in the equity valley of death between discovery and production. it has 3 rerating cards to play. production, gold price and takeover premium.
the other is spartan. grade is king. immense immediate exploration upside. less capex than usual thanks to mill and infrastructure already paid for by previous muppets. granted mining lease and permits.
plus the secret sauce is simon. i know a lot of wannabes and he is very impressive. he knows his stuff and can communicate it and execute it. he is across every aspect of what needs to be done to turn this into a money machine.
I've listened to plenty of spivs and half-arses and i can tell from his confidence and bearing he knows its the real deal.
not investment advice!
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