From your post...
"I think part of the reason this all feels a little rushed, is... that both SL and MZ realised that the reserve would be so powerful a driver to solidifying SPRs value, that, it basically had to be front run with a deal, otherwise, even with all the cash RMS is collecting, it might not be enough if SPR also succeeded with the drill bit. Hard to bet against the SPR Geo team considering what they have achieved so far, "
You correctly say all this and yet still conclude this merger is in SPR shareholders interests?
It's in keeping with the track record. Our directors are prepared to recommend a deal which is neither Fair nor Reasonable (IMHO) unfortunately.
GCY - Supplementary Notice of August 2023 EGM (draft 07.08.23)
Vote NO and hold for a premium bid.
From your post..."I think part of the reason this all feels a...
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Last
$2.13 |
Change
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Mkt cap ! $2.847B | |||
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