SPR spartan resources limited

Gold and macro environment, page-307

  1. 912 Posts.
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    I think that’s a reasonable assumption…especially if Ramelius is trying to wait for some kind of wider market correction that it can exploit to make a much lower offer.

    What we need is news flow that either prompts a bid with an acceptable premium or, better, news that takes Spartan permanently out of reach.

    Maybe our brokers will be taking the steam out of RMS’s share price in a year’s time as we prepare a bid for them.…
 
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