SPR spartan resources limited

WGX Merger, page-4

  1. 2,674 Posts.
    lightbulb Created with Sketch. 562
    after WGX over perform this quarter and next with projected rising tons at all mines and cash in on stockpiles.set up for a good news year ahead.
    Then after GCY cashburn continues for this qtr and next -maybe before the next cash raising

    WGX with an extra $25m plus in the bank and GCY. With say $5m in the bank

    Just Thinking ahead.
    I think dynamics will be very different straight after Xmas along with any offers or cash GCY may or may not get from whoever if ever to pay for mine development.
    WGX has surplus pit mining plant currently for sale I believe having given up open pit mining to ramp up existing underground to fill it's mills.

    Synergies don't make deals unfortunately.
    Big mill running sub-optimally needing 2.5mt of economic ore and no big mine developed to supply it.



 
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