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.
Ann: Ramelius makes strategic investment in Spartan Resources, page-6
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$1.92 |
Change
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Mkt cap ! $2.194B | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
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