SPR spartan resources limited

by the end of 2025 RMS, GOR and maybe RRL will have...

  1. 6,771 Posts.
    lightbulb Created with Sketch. 2725
    by the end of 2025 RMS, GOR and maybe RRL will have cash+bullion+investments exceeding $A1.5b (2 are close to $900m now) at current gold prices. What are they going to do with all that cash? return some to shareholders yes but more likely to take over other gold developers or explorers. If POG keeps going up they may end up with $2b - now look at their current MC - they look very cheap

    All Gold stocks are now very very cheap

    Imagine what SPR MC will be in a year if there is a takeover?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$2.02
Change
-0.040(1.94%)
Mkt cap ! $2.588B
Open High Low Value Volume
$2.03 $2.06 $2.01 $22.33M 10.97M

Buyers (Bids)

No. Vol. Price($)
3 27965 $2.02
 

Sellers (Offers)

Price($) Vol. No.
$2.03 26721 4
View Market Depth
Last trade - 16.10pm 19/06/2025 (20 minute delay) ?
SPR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.