SRK 3.33% 3.1¢ strike resources limited

Some good reasons are:1. For 2 years they were is dispute with...

  1. 347 Posts.
    Some good reasons are:

    1. For 2 years they were is dispute with their partners and Effectively during the GFC they closed everything down during this time
    2. This put them back to square 1 with respect to the time consuming community approvals processes, and
    3. It was May 2012 that the shootout process begun - yep 7.5 months to sort this out also alone

    They certainly have been a company that takes the most difficult and long way around to doing something.

    However, what they have done over the past 2-3 years is to restructure the company to effectively start again. And now they own 100% and the only impediment (really) are the community approvals.

    Investing into a company that has gone nowwhere for 5 years is ok so long as you know and accept why-and more importantly they have sorted the issues out and now moving ahead.they are-and they also own 1/3 of Cuervo.

    No excuses now tho.

 
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