SPR spartan resources limited

Spartan Resources, page-5

  1. 35,483 Posts.
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    "As mentioned here previously, Bridge Street Capital’s Chris Baker reckons Gascoyne has a potential M & A target price of 65-70c….'

    As a shareholder I like the sound of that , but cannot see it as that would mean an EV higher than SLR (which has around $400M in cash , bullion and carried forward tax losses that can be offset , and without the Never never royalty burden going forward .
    70 cents would also be around the same EV as what WGX has - unfortunately not going to happen IMHO.
    Last edited by plough: 30/08/23
 
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Last
$2.07
Change
0.050(2.48%)
Mkt cap ! $2.652B
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No. Vol. Price($)
10 278638 $2.07
 

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Price($) Vol. No.
$2.09 40971 4
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