This is the market, value and difference between values.
RMS is spread over multiple mines and has competent management. Probably undervalued and a special dividend of $100million may change this also.
SPR is 1 mine, higher grades than average and still growing resources. Obviously not in production.
I think SPR is a great thing, is it worth $1.1b maybe not, will I sell NO, long term it has a mine capable of lower prices so the risks are a lot less also.
Would I spend $3 odd billion buying both, NO, I would buy beer boats and babes.
This is the market, value and difference between values.RMS is...
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Last
$2.13 |
Change
0.000(0.00%) |
Mkt cap ! $2.847B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| SPR (ASX) Chart |
Day chart unavailable