Breaking Down the Mining News of the Day, Money of Mine

Money of Mine

Breaking Down the Mining News of the Day

An ex-underground miner, an ex-investment banker, and an ex-equity research guy breaking down the mining news of the day. It's a bit of entertainment, information, and occasionally some alpha.

Equity Bottom-Up

<ul><li>Ramelius and Spartan announce a transformational combination deal</li><li>Deal includes 25 cents cash kicker and 0.6957 Ramelius shares for Spartan shareholders</li><li>Top three Spartan shareholders, excluding Ramelius, support deal with combined 19% ownership stake</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Ramelius and Spartan announce a transformational combination dealDeal includes 25 cents cash kicker and 0.6957 Ramelius shares for Spartan shareholdersTop three Spartan shareholders, excluding Ramelius, support deal with combined 19% ownership stakeThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Will Ramelius have competition for Spartan?

Thematic (Sector/Industry)

<ul><li>Ramelius and nickel mine stocks are down significantly today</li><li>Ramelius announces a 17 year plan for Mount Magnet, including a pit cut back at Erinatus</li><li>The pit cut back will increase pre production costs but extend the life of the pit and avoid sterilizing ore, impacting short term performance</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Ramelius and nickel mine stocks are down significantly todayRamelius announces a 17 year plan for Mount Magnet, including a pit cut back at ErinatusThe pit cut back will increase pre production costs but extend the life of the pit and avoid sterilizing ore, impacting short term performanceThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

<ul>
<li>Citigroup seeking sellers of 10-19.99% of Spartan Resources shares</li>
<li>150 million shares traded at $0.89 apiece, valued at $134 million</li>
<li>Likely buyer is Ramelius, who can't bid for the whole company for 4 months</li>
</ul>
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.


Citigroup seeking sellers of 10-19.99% of Spartan Resources shares
150 million shares traded at $0.89 apiece, valued at $134 million
Likely buyer is Ramelius, who can't bid for the whole company for 4 months

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

“Mystery” Buyer Snaps up Spartan Stake

Australia

Ramelius Resources Limited is a gold exploration and production company with exploration activities focused in Western Australia.  The Company also explores for base metals.

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Ramelius Resources (RMS AU)

Will Ramelius have competition for Spartan?

The episode focused on Ramelius and Spartan reaching a deal where Ramelius offered 25 cents cash kicker per share for Spartan shareholders, with...

Money of Mine

Why these 2 miners led the bloodbath

Ramelius is implementing a pit cutback at Mount Magnet's Erinatus to extend pit life, despite short-term financial impacts and lower-grade...

Money of Mine

“Mystery” Buyer Snaps up Spartan Stake

Citigroup is seeking sellers of 10-19.99% of shares from Spartan Resources, with Romelius potentially interested in acquiring a stake in the...

Money of Mine

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