SPR 9.76% 90.0¢ spartan resources limited

WGX Merger, page-10

  1. 2,336 Posts.
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    I'm just pointing out the obvious amongst the hype here.
    You did imply I didn't recognize a good miner when I saw one.
    So don't complain when I mention NST. or they way it has operated in the past.
    Or give you examples to counter your argument about plant cost when only used for a short time.
    9 months of ore at .5g/ton cut - off left.
    .96 is mill breakeven if you look at last year's accounts.
    Doesn't make a profitable miner no matter how much hype about Never Never drilling and talk of increasing grade when no mining has even started yet of this great find as far as I am aware.
    18 mo at hoping you have all the indicated and inferred at grades mentioned still leaves an empty mill after all that's gone.
    That means all that measured .96 ore is confirmed NOW gone,now onto the I think it's there and we hope it's there indicated and inferred resources.

    Only replying to your comments so take it with grace and block me if you wish.

    Best of luck to holders and as I've said before I will never be a holder for all the reasons I have stated long before now.

    DYOR+DYODD

 
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