SPR 1.57% $1.30 spartan resources limited

Ann: Trading Halt, page-68

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  1. 307 Posts.
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    Fantastic post mate. Thinking logically, I think there's a very high chance that this will be used for value accretive activities. Could it be, as you say, that assays are giving more reason to drill out targets and expand the resource? With $24m in the bank, you don't just raise for nothing. I don't subscribe to the theory that this is to scratch the backs of the big boys. I wonder whether this raise will be followed quickly by new results to highlight why this raise was brought forward.

    IMO DYOR
 
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