Who cares about the Coal, that's just a bonus.
They without a doubt a WORLD CLASS Iron Ore deposit in Peru which is guaranteed to get developed one way or another in the future......this impies value in the BILLIONS already and that's why I'm holding folks.
Once again, SRK is for sure one of the BEST spec mining buys on the ASX and do not be surprised if its gets a Takeover Offer in the future as companies are now looking to expand resources overseas to get around the 40% Tax.
BUY!!!
Ann: Investor Presentation , page-52
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