SPR spartan resources limited
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RMS take over, page-447

  1. Joelstar
    5,300 Posts.
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    16/03/25
    22:30
    Post #: 78287318
    Why would RMS even release a 17 year Mt Magnet mine plan, the conventional wisdom is always to adjust your LOM length to 10 years and mill size to suit the scale of your deposits.
    As soon as I saw that updated mine plan, I figured out what MZ was up to. He wanted to soften RMS SP in order for holders to willingly accept a near equal merger with SPR by a scheme of arrangement.

    Last edited by Joelstar: 16/03/25
    SPR Price at posting: $1.60 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 3  Great analysis
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