Last week saw the culmination of nine months of will they, won’t they talk over a tie-up between Ramelius Resources (ASX:RMS) and Spartan Resources (ASX:SPR), with RMS committing to offer 25c cash per share and 39.5% ownership of its company to SPR investors in deal worth an estimated $2.4bn.
The *********‘no brainer’ acquisition ********* will add the high-grade Never Never and Pepper deposits at Spartan’s Dalgaranga to neighbouring Ramelius’ pipeline to feed its Mt Magnet operations, giving the company 4.4Mtpa of milling capacity and a runway to produce upwards of 500,000ozpa from 2030 on, making it one of the largest mid-tier gold miners in Australia.
Last week saw the culmination of nine months of will they, won’t...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$2.51 |
Change
-0.430(14.6%) |
Mkt cap ! $2.908B | |||
| Open | High | Low | Value | Volume |
| $2.79 | $2.79 | $2.49 | $44.80M | 17.20M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 77231 | $2.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.51 | 10639 | 1 |
View Market Depth
| Last trade - 16.10pm 23/04/2025 (20 minute delay) ? |
| RMS (ASX) Chart |