RMS ramelius resources limited

Ann: Ramelius makes strategic investment in Spartan Resources, page-6

  1. 5,424 Posts.
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    Notice the use of the word current in there.
    Disclaimer I hold shares in both companies.
    Seems pretty obvious to me that RMS will eventually take over SPR.

    There are several real synergistic benefits.
    * Mt Magnet stockpiles will be monetized.
    * Cue dirt will fill the Dalgaranga mill, negating the need to throttle mill throughput.
    * Hub and Spoke model could bring into play further regional consolidation options.
    * FY26 Cashflow/production increase would likely bring the capital-intensive Edna May cutback back into play.

 
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