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3.33% 3.1¢ strike resources limited

All overseas assets. The biggest asset is a large, high grade...

  1. K8
    296 Posts.
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    18/05/10
    12:29
    Post #: 6706538

    All overseas assets. The biggest asset is a large, high grade Iron project in low taxing country.

    The tax changes in australia will almost certainly delay Iron ore expansions plans from RIO and BHP in Australia and it will be harder for the Australian junior companies to raise finance further reducing supply.

    Any thoughts?.
    SRK Price at posting: 69.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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