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3.33% 3.1¢ strike resources limited

berau coal, page-5

  1. Kruiser
    3,947 Posts.
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    26/09/12
    11:50
    Post #: 10773011
    its a shame about Berau, even if you used the most conservative assumptions around coal prices, opex etc it would still give a valuation of c.$100m

    SRK have all the data, reports etc so if they aren't going to pay anything for them SRK should just walk away, I'd rather see those guys get screwed over

    given the unfavourable view on coal and indonesia at the moment our Indonesian friends would be wise and much better off to agree to whatever deal is put to them
    SRK Price at posting: 10.5¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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