SRK 3.33% 3.1¢ strike resources limited

very tasty reversal play here punters, page-14

  1. 2,243 Posts.
    Agree - Had forgot about the Cuervo connection.

    Was thinking about Indo & thinking no guarantees so no entice meant.

    So instead of being a 50% owner of AF with financial investment required they can be
    i)a owner of SRK shares (which they can divest at anytime)
    ii) Only have a financial liabilty on a CR (which they can participate at their own choice)
    iii) an indirect owner of Cuervo & indo as a shareholder in SRK.

    Ifyou consider that AF owes SRK & SRK has basically been the only one putting cash in you maybe right that having SRK & not having to pay out any running costs maybe tempting to D&C

    The negative of course is SRK has total control & D&C will not be able to influence direction (eg. sell or develop) except as a sharholder like the rest of us (obviously with more power (votes) than the rest of us).

    Interesting Choices. While this would be great for SRK & AF would we receive SP recognition?
 
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