SPR 2.82% $1.28 spartan resources limited

Ann: Appointment of Voluntary Administrators, page-63

  1. 37 Posts.
    lightbulb Created with Sketch. 11
    Capital raising of $20.6m less than a month ago!
    The cynic in me says this was undertaken to give the secured creditors a cash pile to get there hands on, oh & some nice fees for the advisors !
    This mine was always going to be tough & unfortunately doesn’t help the reputation of the junior mining sector!
 
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