Hi all. I just sold out of AZS and thinking lithium is looking pretty toppy. Wanting to diversify, and my research on gold stocks led me here (eventually!) Been looking over things for a few days and like what I'm seeing. However I'm not at all experienced in gold miners, so it's taking some time.. With that in mind, I'm liking the following:
- BOD have plenty of experience and success in the bank.
- Murchison region/WA is a great place to operate.
- Never Never is looking good, scope for more high grade discoveries, plus other drill sites nearby looking promising.
- Having a newish processing plant essentially ready to go with camp, airstrip, crusher, mill etc so close by is great.
- 6 rigs spinning (I think they're all going now?) means plenty of results to come.
- Healthy balance sheet, funded to mid '24.
- Seems a takeover down the track is a possibility- with MGV swallowed up, SPR might seem pretty attractive.
- Management seem switched on and confident, and I think I read somewhere SPR reduced some director fees to put more money into drilling, which I like.
- Chart-wise it's seen a good run, but still seems positive, with catalysts to come I'm feeling I'm not too late to enter, thought obviously 6 or 5 months ago would have been nice!
Am I missing anything, (positive or negative)? Am I wrong on anything? I can tell there's some extremely experienced folk in here, and I'm looking forward to reading and learning.
Well done to all holders on a great 2023, looking to enter ASAP.
Cheers
-
- Forums
- International Markets
- Spartan Resources
Hi all. I just sold out of AZS and thinking lithium is looking...
Featured News
Add SPR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.32 |
Change
0.075(6.05%) |
Mkt cap ! $1.463B |
Open | High | Low | Value | Volume |
$1.32 | $1.36 | $1.30 | $9.643M | 7.293M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 38428 | $1.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.33 | 21200 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 38428 | 1.315 |
4 | 62500 | 1.310 |
2 | 23000 | 1.305 |
11 | 178417 | 1.300 |
1 | 7000 | 1.295 |
Price($) | Vol. | No. |
---|---|---|
1.330 | 2000 | 1 |
1.335 | 51000 | 1 |
1.340 | 10000 | 1 |
1.345 | 14555 | 2 |
1.350 | 5000 | 1 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
Featured News
SPR (ASX) Chart |
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online