SPR 2.35% $1.53 spartan resources limited

Take over premium ?, page-5

  1. 34,273 Posts.
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    The script trade idea looks interesting , RMS has around 160K ounces hedged , and were wanting to reduce that to 100k oz in 12 months time , and were talking about puts and some stuff over my head , zero cash flow collars .
    Guessing taking over SPR by default means they would have a big proportion of their forward production exposed to the current higher spot price once SPR comes on line so if they feel positive on POG would be something for them to consider.
 
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