SPR 11.0% $1.22 spartan resources limited

Ann: $25 million Institutional Placement, page-51

  1. 4,243 Posts.
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    A great day yesterday, spent plenty of time chatting to MD's/analysts then smashed a few cold beers after the event.
    Everyone spoke highly of the SPR project and team.
    Simon was clearly agitated and spent most of his day on the phone probably fighting with the parasitical brokers.

    All those suggesting that he is responsible for leaking before the raise need to re-think their stance.
    Why the fu%k would he chose to release this information during the RRS conference tour?
    It's not difficult to ascertain where the leak and subsequent manipulative smack down came from.

    Anyone paying attention could see they would need to raise earlier than first anticipated if they were to maintain a total of 6 rigs spinning.
    Raising 4x the previous raise price is a massive win.
    More cornerstone investors on the register is a massive win.
    Now they have plenty of cash to create a high grade, high margin and long life mine plan win win win.




 
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