SPR 4.26% $1.24 spartan resources limited

Spartan Resources, page-36

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    Highlighting TO potential doesn't mean management are hoping TO will succeed. In any case a successful TO requires willing sellers regardless of what management and directors want. GMD are still stalled at 80% of DCN, for example.

    I am holding, not selling, so SP is what it is, but a SP pushed up by suitors is good for raising mining capital.

    I guess I am hoping for one or more unsuccessful TO attempts . Maybe SL is too, for the same reasons.

 
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