Sprott - Broker Note 08.09.22

[paddygall]

New Sprott Note out this afternoon.

https://sprott.com/media/5663/220908-gg ... illing.pdf


Making lots of nice noises about the Eastern Breccia.

" The Eastern Breccia averaged 56m @ 3.3g/t over 8 pierce points from four holes, but the four higher-grade hits saw 46m @ 4.7g/t. We think this is the greatest step-change today, as the Eastern Breccia evolves into either a ‘cave on (grade) steroids’, or a second high-grade SLOS front."

Holding their price target of 18p but as that is more than 100% from our current SP then I guess that's understandable for now.

GLA - Paddy

[poniexpress]

And I do like page 3 of the Sprott link in Paddygalls' post showing predicted financials for Havieron and importantly Havieron Balance Sheet. Break even at CY24 (end) AU$55, CY25 (end) AU$276 and CY26 (end) AU$543. Assuming I have read it correctly. Quick financial growth from production starting.

[poniexpress]

Figures in my last post should be AU$M.

[Nitram64]

Another updated note from Sprott

https://sprott.com/media/5677/220912-gg ... tments.pdf