I agree Toomz, I’m guessing the end story will change a lot moving forward.
BUT
to stick with this point I see the implied 2.4B MC as deceptive in RMS’s favour.
If time was frozen; to benefit from this mathematical ….. you could sell your SPR shares at 1.78c now and buy RMS @$2.2 and be part of the upside relative to the ADVERTISED implied value. (Practically it’s only circa 200m - but it’s the point for me!)
the risk in real time is that a big fish knows this…… and outbids RMS (then you miss that upside (despite RMS @$2.2 being superb value as Deserthead etc demonstrate)
SPR Price at posting:
$1.75 Sentiment: Buy Disclosure: Held
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