The 500 million dollars in stockpiles waiting to be monetised through a vacant mill. The 1 billion in FCF expected to be generated from RMS ops over the next 15 months. The consolidated group joining the ASX 100 and GDX (large institutional capital inflows aka index mining). RMS operational track record. Never Never ore to be processed up to 2 years ahead of schedule. Massive de-risking, no need for future debt funding. Brings Yalgoo tenements back into play. Reduces need to throttle back Dalgaranga mill. Increases the compounding and leverage effect as assets will be monetised in much shorter timeframe.
etc etc etc.
I'm not pushing it for self-interest. I have over 3x more SPR shares. My RMS holding is not the consideration. Obvious synergy benefits abound with this merger. BB is a large SPR shareholder. Why don't you ask him what he thinks of the deal?
RMS Price at posting:
$2.19 Sentiment: Buy Disclosure: Held
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