SPR 1.69% 75.3¢ spartan resources limited

Ann: Drilling hits visible gold over 1km deep below Never Never, page-106

  1. 33,354 Posts.
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    I guess there are many ways a deal could be structured if they are so inclined , ie RMS keeps the cash for getting the mill back up and running ,and just gives us 1 share of RMS for every 2 shares we hold in SPR ,

    Although may be better SPR goes it alone IMHO , some of RMS's assets are starting to get a bit marginal -ie Edna May , and they have a big project to bring on as well after the breaker resource take over , and dont they just employ contractors like what SPR would probably do anyway ?
    Personally I would prefer their proven Board of Directors though .
 
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