SPR spartan resources limited

It'd be a pretty big transaction for WGX to pull off. I would be...

  1. 912 Posts.
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    It'd be a pretty big transaction for WGX to pull off.

    I would be disappointed if SPR was sold for much less than 35% above its current price, which is going to mean $575m-650m of enterprise value. WGX could stump up a portion of that in cash but it would have to issue a lot of new shares to pay for the remainder.

    Increasingly my money is on RMS as the neighbour that makes the running.

    If the 990m hole points to meaningful mineralisation at depth at Never Never, RMS will have to move quickly before it gets priced out too.
 
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(20min delay)
Last
$1.97
Change
-0.025(1.25%)
Mkt cap ! $2.524B
Open High Low Value Volume
$2.01 $2.05 $1.95 $66.88M 33.90M

Buyers (Bids)

No. Vol. Price($)
5 77974 $1.96
 

Sellers (Offers)

Price($) Vol. No.
$1.98 85766 5
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
SPR (ASX) Chart
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