SRK 3.33% 3.1¢ strike resources limited

strike moves to 100% of af, page-24

  1. 11,181 Posts.
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    From the 2008 announcement

    The Company confirms that it, together with the other owners of the Cuzco and Apurimac
    projects, has been in negotiations with a group led by a major international mining company
    for the potential sale of up to 100% of those projects and the Company's other Peruvian iron
    ore assets for a total sale price of US$650 million, which valued the Company’s interests at
    approximately US$450 million.

    Does anybody why know it did not go ahead?
    You wonder why SRK had bad relations with its partner

    Now that it is resolved I reckon a sale is highly possible

    SRK looks like a multi bagger in 2013
 
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