They will be in production in May. First year production 115,00 ounces. Debt facility in place at a very good rate hence the long and difficult negotiation period last year. Mine life at Dalgaranga, 6 years. End of 2019 Glenburg on stream at another 100,000 ounces per annum.
I'm not a geologist but at some point investors need to trust the experts running the company. They have a 75,000 m drill programme and they are not throwing darts. They will have well defined targets. So expect mine life to increase.
Management and board are seasoned, hard and determined. The CEO knows that the business /operating side of the company is the most important aspect. The downside risk in this stock is negligible.
- Forums
- ASX - By Stock
- Really!!!!! comparable
They will be in production in May. First year production 115,00...
-
- There are more pages in this discussion • 10 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 SPR (ASX) to my watchlist
|
|||||
Last
97.0¢ |
Change
0.035(3.74%) |
Mkt cap ! $1.073B |
Open | High | Low | Value | Volume |
93.5¢ | 98.0¢ | 93.0¢ | $3.639M | 3.798M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 27039 | 96.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
97.0¢ | 69176 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 27039 | 0.965 |
1 | 10416 | 0.960 |
2 | 17596 | 0.955 |
6 | 47716 | 0.950 |
2 | 34946 | 0.945 |
Price($) | Vol. | No. |
---|---|---|
0.970 | 69176 | 3 |
0.975 | 24946 | 2 |
0.980 | 181946 | 5 |
0.985 | 41899 | 5 |
0.990 | 125001 | 4 |
Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
Featured News
SPR (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online