SPX 0.00% 1.2¢ spenda limited

Once SPX decides to exercise its option over the Washington Gold...

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    Once SPX decides to exercise its option over the Washington Gold project which should not be far away the market cap will rerate significantly IMO . As the company stated in the last update “ it is on schedule to complete its due dilligence period within the 3 month exclusivity period !”

    Historic drilling has definitely thrown up a large number of high grade drill intercepts and further exploration could reveal further mineralisation. This could be a company making project for SPX and with a market cap of 6 odd million it represents great value IMO and with successful exploitation of existing veins and the possible discovery of new veins this could easily cap the company @ 50-100mill ( 10-20c) depending on dilution . Gltah
 
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Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
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