Australia's largest stock trading and investment forum Australia's #1 stock forum

RFR

Click for more information

0.00%

3.7¢ rafaella resources ltd.

how do spin offs work Copped it and what would it likely look...

First 11 Last

Share
Profile

Follow
mitis

6,737 Posts.

158

21/01/22

21:40

Post #: 59053261
Share

Originally posted by Copped It: ↑

Totally agree that Midrim and Laforce should see some form of spin off as the portfolio now looks a little skewed with the recent consolidation of Spanish and Portuguese tungsten and tin. San Finx looks a great deal though, with no upfront payment and will probably get in to production before Santa Comba. I believe that Valoriza has sold out of all its assets so it seems they were exiting for strategic reasons allowing RFR to get some really good terms. I have seen reports about opposition to the mine but I believe this is business as usual in this part of Europe - very active anti-mining groups, well funded that make a lot of noise and use misleading information, but not representative of the local stakeholders/population. I understand that San Finx has solved the water discharge issue and Valoriza remain on the hook for any liabilities until the permit comes through. Can't understand why the share price has not lifted on such an accretive deal.

Expand

how do spin offs work Copped it and what would it likely look like for RFR do you think, if it happens ?

RFR Price at posting: 7.4¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Warren Tredrea’s weekly sports business wrap: the latest on business in sport

Wealth Within considers potential takeover targets in Australia's booming infrastructure industry

Week 29 Wrap: Trump in spotlight again; China's Third Plenum a yawnfest; RBA's August move a mystery

Talking Australia's very competitive property landscape: Realty Talks

IMR

Imricor raises $35M to pursue growth and expansion into Australia and NZ

MCT

Metalicity looking for offers on Admiral Bay zinc project

FG1

Flynn Gold flags mid-grade drill hits and always eye-catching rock chips

LKE

Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach

AI stocks: What to expect in 2024-25

GNX

NSW approves J-POWER's $380M buyout of Genex Power, giving it ownership of QLD net zero project

There are more pages in this discussion • 18 more messages in this thread...

First 11 Last

Add RFR (ASX) to my watchlist