SPR 1.11% 89.0¢ spartan resources limited

Ann: Non-Binding Indicative Proposal from Rivet Group, page-22

  1. 11,729 Posts.
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    Hey Wassa,
    I have given up being surprised by GCYs undervaluation, and... overvaluation of other stocks (producers and developers).
    DCN had lots of potential, but.... dilution, complicated mine plan, no large low cost open pit to fill the mill etc etc. Just a money pit.
    Anyway, really hoping GCY can steady the ship with a solid, but... nothing special quarter production wise. That will go a long way to ensuring that the huge fall in the SP not so long go, was unwarranted. But of course, it is what it is.

    Would be very interesting to know what the share price would be right now, if the offer for FFR had not been made...
 
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