SPR 3.36% 57.5¢ spartan resources limited

maybe like the anticlines/synclines at Bendigo and Bathurst area...

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    maybe like the anticlines/synclines at Bendigo and Bathurst area with up or down folding ?
    mainly UG from Never Never lode with some base load to fill the mill from opencuts inc top of NN
    Conceptualising guessing think of a leaning tower of Pisa 600 meters high as wide as a jumbo jet and guessing 20 meters thick and 2.7 times as heavy as water per volume then stick it underground .
    Best to look at a presentation .
    Guessing NN it will cost $170 a tonne to mine 25 a tonne to process ( inc TSF lifts) at cc 6.5 grams a tonne on ROM pad . High ounces per vertical meter which lowers sustaining capex per oz
    They need more skill sets , that is normal plenty of contractors out there ie Barbinco, Develop etc .
    Last edited by plough: 09/01/24
 
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