Mark Zeptner in conversation to the RMS Board......"we're gunna need a bigger boat".
Honestly think SPR ($1.06) is getting away from RMS now. If so, RMS might be consigned to having to JV/toll treat ore at Dalgaranga and only increase their holding in SPR through the "creep provisions". Whilst understandably not RMS's first choice, there is/could be merit in such an arrangement for both companies. It's a workable option that would be very beneficial for SPR through maximising mill efficiencies (running at nameplate) and RMS still get some exposure to the high margin Dalgaranga reserves going forward without having to sacrifice too much of their own equity to do so
Take over premium ?, page-118
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Last
$1.32 |
Change
0.075(6.05%) |
Mkt cap ! $1.463B | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.36 | $1.30 | $9.643M | 7.293M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 38428 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 21200 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| SPR (ASX) Chart |