SRK 3.33% 3.1¢ strike resources limited

new start, page-54

  1. 3,947 Posts.
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    cash is king at the moment and SRK have lots of it. There are plenty of deals to be done on good assets at the moment. I would like to see SRK entter a couple of deals where they could earn an interest in an asset. Say they could spend $1-2m to earn a 50% interest. There are plenty of good copper projects in Peru, why not have a crack at a couple? many juniors are stuck with no cash and would do a deal in a heartbeat.

    I would much prefer to chew through the cash by drilling 5 projects in a year then see it drawn out over 5 years and all the cash go in salaries and overheads.
 
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