SRK
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0.00% 3.3¢ strike resources limited

re: Ann: Peruvian Apurimac Iron Ore Project R... The SP should...

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  1. fluffynymph
    53,839 Posts.
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    11/02/10
    21:52
    Post #: 6320631
    re: Ann: Peruvian Apurimac Iron Ore Project R... The SP should lift sizeably over the next few weeks. I have a conservative $250m market cap target for this one, before today's announcement, but the market seems to shelve it for unkonw reasons. This one could be anything in years ahead IMO if they both play the fiscal side of things well and we assume continued exploration success. It's very hard to value the thermal coal. $50m in cash says it all.
    SRK Price at posting: 66.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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