SPR spartan resources limited

South west connect, page-3

  1. 12,534 Posts.
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    Well done Nick, no easy feat presenting like that.

    Interesting to hear that they are possibly already thinking of not using Golden Wings as a waste dump (implication... of a portal for U/G mning - that is just my speculation).... and... seemingly very confident that the district will provide more discoveries.

    Did I hear Nick correctly.... 100% "extractable from NN and Pepper..... "there won't be much dilution"....?

    Good to have confirmation that WW and FP will be the first to get U/G drilling... because they are the first to be accessible.
    Also good to know that there will in fact be a small open pit at NN (or Gilbey's North).

    38 levels planned so far... 10+ years to mine... from what we know so far.

    https://hotcopper.com.au/data/attachments/6543/6543701-8179ec8804bd6e5bda2816894b38ba12.jpg

    Nick is incredibly bullish, possibly more than SL, or... SL is just more practiced at keeping his exuberance in check.
    U/G rigs planed to be drilling by January which is really pleasing to hear. Tenders for that contract are almost complete.

    Decline well underway now.

    https://hotcopper.com.au/data/attachments/6543/6543697-7a3c60a16df0f0c93188037d965bfd35.jpg

    Clearly the red arrows and yellow text is mine! cool.png (also I paraphrased Nick).

    https://hotcopper.com.au/data/attachments/6543/6543692-676b66b17f4e70294a40842dcd77b7da.jpg

    Pepper - 3 rigs currently, to finish what is needed for the MRE update.

    Northern corridor - doubled the metres to 20k (initial was 10k). RC rig at Golden Wings doing the second round of drilling.

    Has to be the quote of the day - "the upside will stop when we stop drilling..."
 
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