SPR spartan resources limited

I hear your theory , but think of SLR , if it had not used...

  1. 35,676 Posts.
    lightbulb Created with Sketch. 2326
    I hear your theory , but think of SLR , if it had not used script to get Doray , it would be a cot case as Doray had Deflector , which if I am not mistaken is carrying SLR now .
    I do not know when RMS.s penny mine is mined out by ,but lets say at that stage , the POG goes in backwardation and the spot price is also falling and RMSs is running a low margin operation , from its other mines , what is going to keep the lights on if it does not have at least one high margin operation like ................... ...............dalgaranga .
    If you look at the majors they normally have at least one high margin operation per specific mineral , with other low margin operations ; that high margin operation is a form of survival insurance , better than hedging at a high price , which you still have to contract fulfill with forward sales - Sons of Guala anyone ?
    Last edited by plough: 12/07/24
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.