SRK
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0.00% 3.3¢ strike resources limited

Since 1998 the Mining Laws have changed.Laws now reflect a more...

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  1. martie
    666 Posts.
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    15/07/10
    12:23
    Post #: 6905851
    Since 1998 the Mining Laws have changed.

    Laws now reflect a more naturalistic approach. What this means is that o/seas companies, espcially juniors seem likely to endure a auction/bidding process on their assets that could deliver the asset to a local company. There is no security on the asset.

    It seems likely that SRK will not develop their coal asset as there is a risk that they could lose it? Under the previous contract of work system there was security - now it seems there is none.

    My thoughts.
    SRK Price at posting: 55.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
3.3¢ 		Change
0.000(0.00%) 		Mkt cap ! $9.931M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 24670 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 4161 1
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