SPR 11.6% 91.5¢ spartan resources limited

There's so much going on in the pipeline but it's a delicate...

  1. 1,591 Posts.
    lightbulb Created with Sketch. 1738
    There's so much going on in the pipeline but it's a delicate story. You don't want hyperbole and you don't want to destory the narrative by putting out poor results (often this is out of the companies control).

    IMO they are going to present the NN repeat story really carefully - show the geophysics, 3d modelling etc to back the statements made recently re: additional NN's - and then release resuls from the new campaign as they come in to prove that up whilst systematically getting NN to 1moz+

    I think what SL wants to walk away with at the end of the year is 1moz at NN + Ink drilled out and a few other targets all pushing the narrative that there are multiple NN's - in the background they are progressing the company to production whilst very clearly signalling that it is up for sale.

    There is no doubt in my mind whatsoever that they are packaging it for sale given the comments recently. Especially in that SH article yesterday - lol.
 
watchlist Created with Sketch. Add SPR (ASX) to my watchlist
(20min delay)
Last
91.5¢
Change
0.095(11.6%)
Mkt cap ! $1.010B
Open High Low Value Volume
88.0¢ 91.5¢ 86.5¢ $7.549M 8.450M

Buyers (Bids)

No. Vol. Price($)
3 27930 91.0¢
 

Sellers (Offers)

Price($) Vol. No.
91.5¢ 21050 4
View Market Depth
Last trade - 16.10pm 25/06/2024 (20 minute delay) ?
SPR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.