The reason the RMS SP may go up and possibly significantly is explained in the AFR article as quoted below ie better ROC spent and optionality of 2 mills, lower costs, bigger production.
“Sources suggested Spartan could fix Ramelius’ near-term production gap by adding ore to Mount Magnet, with a better return on capital spent as well as the optionality of two processing mills in the area. The sources added that the combined entity, especially its bigger gold production and lower costs, could make it more attractive to passive gold ETFs”
SPR Price at posting:
$1.60 Sentiment: Buy Disclosure: Held
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