SPR spartan resources limited
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here is the latest reserve and MRE - reserve grade is 5.0g/t and...

  1. calmbeforestorm
    6,779 Posts.
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    01/02/25
    15:48
    Post #: 77661003
    here is the latest reserve and MRE - reserve grade is 5.0g/t and MRE grade is 9.0.

    unless I misunderstand the resource and reserve tables and maybe I do) this is the big issue about BGL which no one every considers - the reserve tonnes is 10.2mt of the total MRE tonnes of 11.0mt (ie the reserve tonnes is a subset of the MRE total ones) BGL are stating we will only be able to mine 1.5m Oz.
    https://hotcopper.com.au/data/attachments/6777/6777519-5091bce862d092fbd771fd42ebcd4e59.jpg
    https://hotcopper.com.au/data/attachments/6777/6777522-9f326b51e161f1da872df737f99bdcb7.jpg
    SPR Price at posting: $1.35 Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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