SPR spartan resources limited

Ann: Trading Halt, page-17

  1. 1,529 Posts.
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    Love it. Surely this is a precursor to moving to production earlier considering the cash on hand and the quantum of the raise. I'd think it has a defensive element to it in thwarting early/low ball offers. Not that it helped DEG. Either one of two scenarios I think......this flushes out corporate interest now or better still this is a pathway to expedited production and the multiples a highly free cash flow generative/long mine life gold miner in a safe jurisdiction attracts. Either way, this is a Capital Raise I welcome
 
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