SPR 0.39% $1.28 spartan resources limited

Take over premium ?, page-136

  1. 4,629 Posts.
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    C'mon guys - every time I cite something as an example you stop your knitting to tell me its not the same. So to clear the air first, nothing in nature is the same.

    As I have previously posted, a greenfields development like Okvau (or Bellevue or Gruyere or Karlawinda or Kantanning etc etc) would need at least 10 years to attract the financing and offer a reasonable return on investment. SPR already has the infrastructure in place and therefore a much lower capital requirement, so there is no reason why they can't drop the less important things like promotions & conferences and replace it with advancing the mine restart while continuing to drill (assuming that management is not all male and capable of multitasking).
 
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