I must admit I have trouble believing the reserve will be around 1m Oz for the reasons you noted ie never ever seen such a high conversion ratio or anything close to that. Hence my comment that the reserve could be more important than the updated MRE and have a bigger impact on the SPR SP if they do achieve around a 1m Oz reserve.
SPR Price at posting:
$1.08 Sentiment: Hold Disclosure: Held
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