Suggest you read the announcement, major shareholders have...

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Fisher85

162 Posts.

91

17/03/25

09:17

Post #: 78289430
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Originally posted by plough: ↑

"Based on Ramelius’ close price of $2.20 per share on 14 March 2025, the Consideration implies a value of $1.78 per Spartan share, representing a: • 11.3% premium to Spartan’s closing price of $1.60 per share on 14 March 2025;"

Be interesting how the big shareholders think of this , $`1.78 is around what the reserve is worth but does not take into account the inferred on a NPV 8 ( 2 years until mining started ) basis or any other blue sky . I suspect they will vote no and better to go alone , nice first try sort of like what WGX tried before which was how successful .... not .
I am surmising a bigger Canadian player will show an Ace card and seal the deal to the angst of RMS .

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Suggest you read the announcement, major shareholders have backed the deal and provided written statements as such. It's all been done and locked up.

SPR Price at posting: $1.60 Sentiment: None Disclosure: Held
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(20min delay)
Last $2.13		Change 0.010(0.47%)		Mkt cap ! $2.742B

Open	High	Low	Value	Volume
$2.13	$2.16	$2.12	$2.255M	1.056M

Buyers (Bids)

No.	Vol.	Price($)
19	106202	$2.13

Sellers (Offers)

Price($)	Vol.	No.
$2.14	69246	25

View Market Depth

No.	Vol.	Price($)
5	1739	2.130
20	121361	2.120
21	97968	2.110
12	78986	2.100
8	78752	2.090

Price($)	Vol.	No.
2.140	78247	21
2.150	115617	15
2.160	75436	13
2.170	18861	9
2.180	10938	3

Last trade - 11.43am 17/06/2025 (20 minute delay)

SPR (ASX) Chart

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