SPR spartan resources limited

Ann: Transformational Combination of Ramelius & Spartan, page-50

  1. 21,077 Posts.
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    Thanks cammotee …..
    And you’re right … the value of this journey cannot be understated.

    In personal terms, the 25c cash return puts me back at my average price at Gascoyne of 22c and adds 3c - the value of Ramelius’ dividend that gets booked today. I can relate to that.

    As to the .6957 Ramelius shares they say values Spartan at a price of $1.78 based on Ramelius being 2.20?
    - Nope I don’t get that number at all, but I can see that for people like me ( the ones ill equipped to back seat drive on value estimations based on geological understandings and market savvy) that inaugural dividend may ‘sing a song’ of more to come….. and that would be useful if I go with the move.​

    hmmmm

    And for you @plough , I never baked that Christmas cake that I gave to them on my ‘business trip’ to Sydney for the Resources show and some family time.
    It cane from the Bittersweet bakery.
    -an applicable word of the day in there for some?​


    cheers
 
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