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

Money of Mine

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.

Breaking Down the Mining News of the Day

Equity Bottom-Up

Spartan Resources /Australi / Equity Bottom-Up

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


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.

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