SPR 1.22% 83.0¢ spartan resources limited

WGX Merger

  1. 1,724 Posts.
    lightbulb Created with Sketch. 416
    Given the current price of WGX....and their cash holdings.....I'd argue that a takeover at a rate of say 3:5 would be very sensible.

    Creating an entity with a mkt cap of $600mln....$250mln in cash...and annual production of 200,000oz min!

    That would have upside....and I'd be in.

    Thoughts?
 
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