Ann: Change in substantial holder notice for SPR, page-7

I'd hazard a guess that that gets most of the cash spending out of the way with regards Spartan. Assuming that Spartan has more really positive news in the pipeline SPR is only likely to keep going up in the short to medium term. So, the Zep might decide to go all out for Spartan sooner rather than later (he also has a decision of Edna May becoming more unavoidable in the next few months so he might want Spartan in the bag before then) . To end this string of assumptions I think it likely that Ramelius will again go back to their old bullish ways and release their quarterly production and cash position sometime this week which will set Ramelius up for a scrip bid for Spartan.