I think this glowing report of SRK's iron ore assets is intended to put SRK directly on the chopping block for a complete takeover.
The open invitation for "partners" or joint venturers in the last few slides of the presentation is equivalent to SRK's management waving the white flag in this global financial crisis.
I wouldn't be surprised if they went back to the major international company that made the earlier offer of USD$450m for the Peru iron ore assets.
SRK Price at posting:
39.5¢ Sentiment: Hold Disclosure: Held
