Yes the new MD has the credentials, I have had a long conversation with him found he was a peoples person and not arrogant (unlike the ex MD)and knows his knitting, he feels Kalimatan coal first for cash flow then South America iron ore later.
Problem is long term pricing for iron ore is tracking down if you look at the forecasts.
I hold this indirectly via OEQ that allows a discount entry on an allready cheap stock. unfortunately I am still down 30% on it after holding 2 years. Fortunately only very small part of my portfolio.
Agree Strike needs to j/v or sell its Peru interests also feel wider RAB drilling spaced intervals would be the way to go.
Yes the new MD has the credentials, I have had a long...
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