SPR and gold both appear to be trading around the bottom of their range. I'm not too fearful of the SPR bots when compared to other stocks. Insto backing should see us move fairly over time.
Let's not forget we were explorer of the year last year. Simon and the team are proving this isn't just a hyped-up lemon, and we should see more rewards as news continues to flow. If we were to start production tomorrow, would the current MC seem fair? Probably not. That's how I look at SPR, as it seems very likely we will be back into production in the near-mid term. Obviously I don't expect us to be valued at a producer price now, but taking a longer view, I can see this being a fair bit higher than it is now.
Not financial advice. IMO DYOR
.
(20min delay)