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3.33% 3.1¢ strike resources limited

its pretty much at a 5 year low now (9.6c v a high of...

  1. Kruiser
    3,947 Posts.
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    18/09/12
    16:24
    Post #: 10736511
    its pretty much at a 5 year low now (9.6c v a high of $3.10)

    these are great assets. Despite the high capex (which is still about average for the industry), the forecast opex from the PFS was about $20/t, thats at the very bottom of the cost curve, not to mention its a premium Fe product

    hard to see these assets being worthless

    the coal asset in indonesia would be a great money spinner too, though the legal issues around this are more complicated
    SRK Price at posting: 11.0¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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