SPR 2.52% 58.0¢ spartan resources limited

just thinking out loud taking a step back and looking at the big...

  1. 253 Posts.
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    just thinking out loud taking a step back and looking at the big picture
    i wonder why the weak rivet offer wanted to end the ffr merger
    could it be they saw it as a stalking horse
    do they do them down under
    the recent glenburg ann i consider the cherry on the cake
    with state of the art mobile plants etc
    if the sharks are circling gcy the company must hope that the predators share prices will fall
    as this would benefit gcy if any scrip were to be offered
    if a t o offer was to be made i believe it would mostly be for the mill
    the aquirer would not want to offer any of its capacity to toll treat etc
    as they would be flat out treating their own ore (reason for buy)
    this may marginalize ore bodies in that area
    usually if a successful t o is made the old mangement are mostly swept aside
    but in this case especially considering wa staffing issues etc
    i see current mangement and crew as an added bonus
    the great companies think of their staff as their main asset
    and so would be much appreciated and kept
    cheers bobby

    please know never financial advice just cogitating

 
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